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

To: Earlie who wrote (84341)	6/24/2002 4:25:47 PM
From: Jdaasoc	Respond to of 99280

Went back in this afternoon when Naz started to back off I Added NVDA, IBM and QLGC short today holding the rest of Naz short JUL calls I have from 1-2 weeks ago looking for zero to fifty cents to buy back after next decline. Closed long position on IBM. Opened minor long position at bottom via Short PUTs on SNDK, BRCM and MU that need at least 10% down move for any pain to be felt. Right after options expiration I am in waiting mode for some time decay to occur before closing profitable short options. This is first month I am "expecting or hoping or wishing" some minor profits from long side but I not depending on it much. It is just the overly bearish mood that makes me want to fish for possible profitable returns this month.