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


To: mishedlo who wrote (82547)6/20/2002 7:59:26 PM
From: Zeev Hed  Read Replies (3) | Respond to of 99280
 
Mish, remember, the stronger become even stronger, if $38 is not breached, I think that $60 is a possible target for QLGC. I would also watch for a retrenchment in INTU, it has been very strong, and I expect it to crater a little before this nassacre is over, but I also expect it to lead the post nassacre charge.

Zeev



To: mishedlo who wrote (82547)6/20/2002 9:27:29 PM
From: augieboo  Read Replies (1) | Respond to of 99280
 
Mish, thanks for the education on Delta Hedging.

I agree with you on QLGC, and probably won't bother with it unless it takes an enormous dump pretty quickly.

About the QQQ calls, I like your idea about buying calls instead of stock, but I'm just too clueless about options in general to give it a flyer at a time like this. I've been meaning to ask you for a while if you can recommend a good introductory book on options?

On the other hand, the 200% funds sound interesting, and relatively easy to understand. Can you recommend a favorite or two?

As for OAKT, I'm really just looking for a little bit of a scalp right now, but if it takes longer to go green, that's okay, 'cuz I've only got 6.7% of my money in it, and my break-even is $4.62 per share, including fees at both ends. OTOH, if the little sucker starts running, then that's nice too. <g>

I hope to H I get this one right cause I have messed up practically every bear market rally.

I can sure relate to that feeling, (although I bet you've done a lot better than most folks). I'm still so gun shy that I've sat out the last few small ones altogether. ):