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To: yard_man who wrote (110214)6/26/2001 9:24:02 PM
From: mishedlo  Respond to of 436258
 
But short interest is high and vix is climbing again

I'm hoping (aren't all the bears) for one more oppty to pick up some more shorts.


But Put/call ratio signals complacancy as does VIX and VXN

As for rally.
NO! I do not want one.
I have lost too many rounds of PUTs already fighting a sideways market that was good only for the nimble and the option sellers (either side) LOL.
This time I am in SEPT QQQ's
(foolishly averaging in instead of plunging in at the top).
Last 2 sets underwater.

GIVE ME DOWN NOW!
I am cashing out at 1850 and will let someone else have the rest. At that point YES I want a big bounce.

M



To: yard_man who wrote (110214)6/26/2001 9:38:59 PM
From: pater tenebrarum  Respond to of 436258
 
same here.