Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (940)	2/17/2002 10:04:06 PM
From: Dr. Stoxx	Read Replies (1) \| Respond to of 4058

Susie, It would seem that "change to the bottom line" in the post-ENE era is going to be the primary refrain of Q2, with potentially devastating effects on the broader markets. I'm kicking myself for not pulling the trigger on some OEX puts Friday when the chart alone was screaming sell; and for selling my DJX puts. If I were a conspiracist, which I'm not, I'd be tempted to believe that the money managers and MM's are in cohoots with the SEC in pushing for this new legislation, hoping for a bottom re-test before we see a '99 redivivus summer rally as they buy up from scared hands. In any case, we will take it one day at a time. Very likely, the big money will be made on the short side going into the next earnings season. Interest rates are surely going to rise too, adding to the worries [and how the heck are we going to pay for a prolonged war effort?]. Not much reason here to go long. But we will always be here to play the bounces! TC