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Pastimes : QQQ & DIA - chat & chart -- Ignore unavailable to you. Want to Upgrade?

To: shortilong who wrote (156)	9/23/2001 7:37:05 PM
From: Jon Khymn	Read Replies (1) \| Respond to of 795

>>Bought some QQQ at 27.75 on Friday, then simultaneously sold the Oct 27 puts<< That's pretty fancy move... Agree with you on technical rally. Plan to cover the other half of QQQ and DIA early next week. I expected to see this low market level in next spring not this fall... When U.S. start the bombing I think the market will rally. The market HATES uncertainty; a bad news is better than uncertainty. When the technical rally begins that's when I'll start to rebuild short positions again. For I think we are going into recession (or maybe already in one).