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To: hmaly who wrote (73027)	3/3/2002 11:11:05 AM
From: Elmer	Respond to of 275872

With all of the good news out there lately, about the recession being over, isn't it dangerous to be short right now, especially in QQQ. You said a couple of posts back that you thought AMD was going up. Wouldn't that apply to most stocks, or do you think tecks will still falter. I'm trying out a new system. I don't have all my money in it by any means. Just about 25%. Notice the QQQ March $36 call which I wrote against my long position. 2 weeks to go and close to the strike price. I can buy back the March call for $0.90 and sell a April $37 for $1.40. Another 50 cents in my pocket and another dollar in upside. I'm not trying to get rich. I'm trying to stay rich. EP