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

To: Cactus Jack who wrote (44011)	11/6/2001 8:56:00 PM
From: RR	Respond to of 65232

Hi jpgill: I took profits the past two days. Only have left the MO and JNJ 03 calls. On the puts, I had orders today to buy Dec QQQ puts, QQQXI 35, and QQQXJ 36. None hit. Forced it to come to me a bit too hard I guess. Will try again tomorrow but will probably change orders to QQQXK 37 and QQQXL 38. Those are Decembers. Not my usual 4-6 months out. I'm only looking for a swing. Don't plan on holding long. Just enough to take my 20% and run. Think my chances right now are more to the short than long side. Would not want to enter long positions at this level on the Naz. Let the short squeeze settle tomorrow and let's see where we land. RR

To: Cactus Jack who wrote (44011)	11/6/2001 9:40:16 PM
From: RR	Read Replies (1) \| Respond to of 65232

Well, jpgill, have had time to study the charts and my 35's may have hit looking at T/S. My broker said the order didn't hit, though, when I checked in while on the road after hours. Will have to double check tomorrow. Sometimes she doesn't get a call back from the trader until late in the day, well after hours when they're squaring things up. If it did go through, I'll probably sit on the sidelines tomorrow, so that may change my prior post on what I may do on those QQQ 37 and 38 puts. FYI. Rick