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


To: invictus who wrote (31531)2/21/2001 11:21:52 AM
From: im a survivor  Respond to of 65232
 
<QQQ>

Well, if naz is heading lower, so is QQQ.....but I do see your point....you get diversity and less volatility, but get to partake in a naz rise as well....my only thought would be that if naz is still in free fall mode, why not wait for QQQ in the $30's......if, as most pundits think we are going to break 2000, qqq will be quite a bit lower. The cpi numbers indicate that maybe greeny wont be as aggressive with his rate cuts now......I tell ya...I don't know what goes thru that mans mind, but it is sad that he has so much power over our economy...between him, and the major houses, they have essentially killed off the american dream. Lets face it....many were smart and preserved capital, but the bulk of americans are taking it on the chin right now.....life savings being depleted, debt up to record levels and etc, etc........very, very sad indeed. I don;t know if I will ever forgive myself for not only mot selling last year, but also for being suckered into thinking we are "at a bottom" and thefor I kept on buying all year....then of course the nov/dec rally was gonna be huge, so I of course kept on buying.......seem's like an endless nightmare of which I am beginning to wonder if I will ever wake up from.

But, even as pessimistic as I am, I will not short and I will maintain my current positions in companies such as sunw, jdsu, qcom, atml and etc......just wish I had the capital and the balls to buy more while we are low, or at least try for a few quick trades, but right now I feel like a deer stuck in the middle of the road staring at the headlights of an oncoming 18 wheeler...and unable to move.....

gotta run.....be back 2ish, and will be scared to even look at where markets are by then .....



To: invictus who wrote (31531)2/21/2001 11:42:48 AM
From: RR  Read Replies (2) | Respond to of 65232
 
Hi EJ: I mentioned last Saturday to ole r.edwards that I was looking at the June and Sept QQQ 50 calls.

I'm moving it on out in time a bit, though. Looking now at QQQIX, Sept 50, and WDAX, Jan 50.

Tell parents hello. Hope your Dad is better. Tell Ma Jones we had 12 coons last night. They have weathered the winter in good shape. Kept them fattened up. Looks like they all are doing fine and more coming out.

Rick