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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Cactus Jack who wrote (29985)1/26/2001 11:47:37 AM
From: im a survivor  Respond to of 65232
 
<<You buying in here? Still churning options? I would think today is a good day on the buy side, especially with relief on the way from the Fed.
>>

You would think so, wouldn't you....."don;t fight the fed"...thats what I always hear......but why does my gut tell me regardless of whether we get .25 or .50 ( I think it will be .25)we sell off and have an ugly february/march? Anybody else feel that way? Ha...of course folks do......for every ten folks that think feb- summer will be very, very ugly, there are 10 more that believe the bull is back and we break 3000 and have an overall good year for techs......

so, which ten experts do ya believe, and what will really happen??

keith...consulting his crystal ball as we speak....looks cloudy...can't see $hit <ggg>



To: Cactus Jack who wrote (29985)1/26/2001 12:02:00 PM
From: RR  Respond to of 65232
 
Hi jpgill: Yes, still churning options. Guess most would call it swing trades. Only in them for a few days, just playing the volatility. Not day trading.

I have accumulated positions in June calls in JDSU and BEAS that I am holding on to and not trading per se, like my usually method used most of last. Options 4-6 months, hold for appreciation for the most part, taking some profit off the table at times kind of thing.

Today, have orders in on JDSU and BEAS calls. Low offers, may not hit unless late today if market sells off. Not in a hurry today.

Later, got to run.

RR