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To: AllansAlias who wrote (43210)6/26/2002 9:01:55 AM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
Do you have any downside play going on? Man I have been doing well on DJX puts, just regret selling half of them yesterday...



To: AllansAlias who wrote (43210)6/26/2002 9:03:17 AM
From: ajtj99  Respond to of 209892
 
Calls would scare the living daylights out of me. However, I'm closing QQQ puts at the open and will purchase DJX puts on a breach of 8800 or a rise to 9000 Dow. They should out-perform the QQQ over the next couple of days if we continue to drop. Dow 7900 is looming, and I give it an even 50-50 chance. The other level would be Dow 8400 or so.


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