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 : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (32070)	2/21/2002 11:23:52 PM
From: ajtj99	Read Replies (1) \| Respond to of 99280

Shack, I just got those DJX puts because I had some cash left over from my NDX puts purchased at around 1:40PM and it was too late to put more techs, so I saw the Dow still sitting near the HOD and ripe for the picking. Just dumb luck, as I had no confidence the Dow would follow the techs down as it was doing its own thing all day. Did you see that post from Paul Shread indicating the average futures price for the Dow is 9800-9850 for March? That means that unless there is a big drop before then, that level should be defended going into March expiration. It kind of puts a damper on the big down, unless it happens over the course of a week and reverses back in the same manner.