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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: bonnuss_in_austin who wrote (9972)3/9/2001 4:39:58 PM
From: mishedlo  Read Replies (2) | Respond to of 10876
 
Bonus - I think we are due for a bounce, hopefully a big one.

More options manipulation madness. Last time they rallied the stocks underlying QQQ right to 50 on thursday (which was exactly max pain a month ago).

I am betting (but not the farm) that they do it again.
We will also see idiot buying in anticipation of another rate cut. Silly, cause what the hell difference does 2 weeks make, but it happens.

M



To: bonnuss_in_austin who wrote (9972)3/11/2001 8:50:46 AM
From: Poet  Respond to of 10876
 
Hi Bonnie,

Welcome back. Yes, it's fascinating to watch the show from the cheap seats for a while, not to mention the extra time one gains from not being glued to the keyboard all day. <gg>

I did OK with my DJX puts, not spectacularly, for two reasons:I bought them a day or two early so they started out underwater a bit, and I'm finding that options on the DJX are, while inexpensive) very slow-moving. Slower than the Q's. I had also had OEX puts, which I find easy to trade and much more satisfying, as a short term trader.

So, did you accept the offer on your house? I'll tell you, I think that's a very wise move.