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To: mishedlo who wrote (89839)4/4/2001 12:23:56 PM
From: yard_man  Respond to of 436258
 
I think financials have completed their retrace after they have been moving somewhat in a counter-trend to the broader market -- now I think they will follow the market -- down??

I would short the bounce on them ... don't know what we'll get but I'd sell C anywhere above 44.5 COF above 53-4 or so ...



To: mishedlo who wrote (89839)4/4/2001 12:26:17 PM
From: Shack  Read Replies (1) | Respond to of 436258
 
Mike, I don't blame you for being nervous...those pri*ks always bounce. And look at that KSS crapola. Who is buying that? I'm back on that one if it so much as looks at $58.

Nice play on the QCOM. That one is on my radar too.



To: mishedlo who wrote (89839)4/4/2001 12:34:41 PM
From: Poet  Respond to of 436258
 
You're an honest guy, mish. I traded out of all puts but QCOM this morning and went long OEX, CHKP and BEAS calls. For the next day or so. -g


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