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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (8182)7/19/2001 2:38:32 PM
From: James F. Hopkins  Read Replies (1) | Respond to of 19219
 
Hi JT; I hated the gap up this morning , I was hoping for a gap down
to buy more. They took my calls before I had a chance to log on,
( worked until 2am this morning and was a little late getting up )
I did buy enough AUG qqq 50 puts to lock things off
( they got cheap ) and now I can add long position on any pull back
with reckless abandon.
If I lose the puts my UOPIX will make 40%
I didn't take the time to do all the math it just looked
real good and I didn't mess around.
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UOPIX is the profund equal of rydex RYTNX
Jim