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Strategies & Market Trends : The New Bull Market. -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (822)6/21/2002 3:42:57 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 1750
 
I'm staying short, I'm short from 1033.50 and 1040.50 and I can't see a rally much over 1000, maybe 1008, if we have one at all... I'm short for the duration, that's where the big money is, I can't see buying into a bear trend..... the July 990 puts are selling for 28.00, I could short a couple and erode the premiums into the rally but even then it's too risky, I'd much rather sit with my short positions and not sweat a possible rally.....

GZ