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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (45822)8/14/2001 9:30:44 AM
From: Nicole Bourgault  Read Replies (1) | Respond to of 56532
 
Not too quickly on the sale of calls which you have already. I believe always possible to reach 2050 on Nas.

Nicole :)



To: ajtj99 who wrote (45822)8/14/2001 3:46:37 PM
From: LTK007  Read Replies (1) | Respond to of 56532
 
aj,remember when interest rate cut didn't create a response and then suddenly it did---and we found out Fed had flooded the Banks with cash to dump in market.
I suspect we will have no response to interest rates--this market is heavy and slow,exhausted,ready to cave--wonder if Fed will do another 'magic trick',that i now term "creative destruction"?Max



To: ajtj99 who wrote (45822)8/14/2001 5:34:25 PM
From: furrfu  Read Replies (1) | Respond to of 56532
 
Sold QQQ42 puts for 1.65, in at 1.40,
sold QQQ38 puts for 0.10, in at 0.30.
All that for a nickel? I see what you meant about the out of the money options now, ajtj.

BTW, I'm not sure what to say about your predicted NDX high being off by 3 points. ;>}

Doug


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