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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (37667)3/29/2001 5:11:37 PM
From: IQBAL LATIF  Read Replies (3) | Respond to of 50167
 
I have to watch 'West Wing' and than I sleep, I wish best of luck to everyone long and short and hope that tomorrow brings good things for for all of us for hsorts makret may go down and come up for us..gg Love conquers all, out now..



To: IQBAL LATIF who wrote (37667)3/30/2001 8:48:20 AM
From: Cabo Eddy  Read Replies (2) | Respond to of 50167
 
Ike, I'm getting ready for another one of my paired trades (Short DOW and Long NAZ). I think we have seen a great deal of NAZ selling (and DOW buying) for end-of-quarter portfolio stuff. What do you think?

PS Although I'm a fan of yours, some of Fred's comments are understandable. Remember I told you to put a disclaimer that you almost never really buy puts, and that your put buying levels are really theoretical <g>. The put buying levels are always lowered the next day, or require 2 days of closing below, etc., etc.
This is how the SPX fell from Ike's major support at 1328 SPX all the way to SPX 1080 without Ike taking hardly any defensive action!