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To: Win-Lose-Draw who wrote (141577)1/3/2002 9:41:07 PM
From: sun-tzu  Respond to of 436258
 
it would be a pure guess. but my preference would be to return to a short bias by march and put positions on while the market moves to a double top in april.

nothing works that well though, pure fantasy.



To: Win-Lose-Draw who wrote (141577)1/3/2002 9:51:59 PM
From: yard_man  Read Replies (3) | Respond to of 436258
 
when I bought puts in Dec 99 -- had a bunch of folks telling me I was wrong to do so -- one out of 3 positions paid 15x -- the others went to 00 -- if you buy puts you need to time well, if you're short so what?

I don't mind if I miss the top by 5% as I can wait or change if I'm wrong, but to go long hoping to capture the last 5 - 10%? -- that I don't understand.

Maybe somebody here has a target on the Daq of 2500 or 3000?? What are your thoughts --