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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (38660)7/7/2001 1:15:13 PM
From: RR  Read Replies (1) | Respond to of 65232
 
Hi Dealer: QQQ versus single issues.... I am staying with playing QQQ.

Since last late fall when I adjusted my plan, that strategy has proven best for me. Play the swings, both puts and calls, stay away from single issues which can get clobbered individually. Granted, after getting slammed, some single issues come back 50-100% in days.

However, with market uncertainty, economy in question, nobody sure about tech or specific sector recovery, I am not going to look at single issues until it is more clear about them, which may be Q4 or into 2002. That's not to say that I absolutely won't play a single issue along the way, as I played JDSU the past few weeks and lost on it due to bad timing on my part, but my focus will be watching the Naz, playing the swings using QQQ options, and trying to take that 20% profit over and over and over again until stinking rich.

Trying to keep it simple.....

RR



To: Dealer who wrote (38660)7/7/2001 1:25:43 PM
From: lindelgs  Read Replies (1) | Respond to of 65232
 
Hey Ms Dealer, I think GE reports Thursday too. I'm taking a break from my yard work now - just too dang hot out there. Was real tempted to bail into the pool from atop my ladder - man, would that feel good! Heading back out there later, weeding and pruning - sweeping and planting. Sweaty and I'm enjoying the heck out of it!

Hope your weekend is wonderful,

legs



To: Dealer who wrote (38660)7/7/2001 1:26:18 PM
From: RR  Respond to of 65232
 
Shade tree! Yes, Dealer, it's HOT! The thermometer just called out 100.

Some puffy clouds here today, humid of course.

Will be in the pool a lot for sure.

I'll be getting in some hammock time later today and tomorrow, so will give you my hammock thoughts tomorrow after I ponder some things.

In the meantime, hope you have a super weekend. Stay cool.

RR