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To: Boplicity who wrote (8623)1/8/2001 12:59:28 PM
From: Sig  Read Replies (1) | Respond to of 13572
 
<<< I'm going to go back to watching and plotting.>>>
It seems almost impossible to do anything right today so I have to sit and watch also with minimum invested. Never liked trading either. Hate to talk bearish buts that what I see.
Two things can help, another rate cut by the Fed and
also when Mr Bushes people get in and see the economic figures thru new eyes, I hope Legislature will cut taxes ASAP even if the first one is only an interim part of the bigger plan.
I think the Fed paid too much attention to the Dow, which isn't so bad, and not enough to the NAS where the drop can really hurt government tax income.
Sig



To: Boplicity who wrote (8623)1/8/2001 3:03:56 PM
From: Walter Xie  Read Replies (1) | Respond to of 13572
 
I followed suit and dumped my QQQ. I'm going to take a breather with handsome gains since new year. It's necessary since I felt losing touch with the market over the weekend. I don't want to lose control over my action before too late...like Fed did <g>. No shorts, no longs at present except 10 Jan MO calls with strike at 42.5 bought last Friday. It's the first time I ever played options. Just wanted to try my hand in Options. The calls was cheap. Unfortunately, it's still cheap as of now, even as the stock rises more than 2 and almost to the strike price. Anybody has any clue why? And what should I do with my calls? Thanks in advance.
W