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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (26899)6/9/2001 10:36:01 AM
From: besttrader  Read Replies (1) | Respond to of 37746
 
H&S on everything, (according to TC2000). More warnings. Global slowdown. Careful long here.
I am going to investigate 100 techs thouroughly Sunday, and see what I find.



To: Paul A who wrote (26899)6/10/2001 2:02:11 AM
From: cthd  Respond to of 37746
 
Paul A-

If you are having a hard time finding a stock to go long (everything looks so overpriced!!), may I suggest you add some QQQ calls just barely in the money?

My reasoning goes like this: if you are shorting stocks that on a dip should drop more than the QQQ's, then buying some call options on the QQQ's should maybe help you breakeven on your shorts (sort of a unorthodox boxing), at most lose a little overall.

Good luck!

CTHD

P.S. I've been trying hard to convince myself to be a bull, but just can't find any logical reason to... so I'm part of the small following of bears right now.