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To: Shack who wrote (45463)7/12/2002 11:04:46 AM
From: AllansAlias  Respond to of 209892
 
Well, it's a good time to be a call writer. Lot's of premium and not a great chance we launch into a significant run. (As always, that opinion will change if price starts taking out some targets.)

Still, that's a significant drop.

I make front-month volume O/I on the QQQ, near the money, to be running at .24 today. Yikes! -g



To: Shack who wrote (45463)7/13/2002 12:00:49 PM
From: AllansAlias  Read Replies (4) | Respond to of 209892
 
You see this? Most interesting article of the week imho:

quote.bloomberg.com

This could turn out to be one helluva lousy trade. Got capitulation? On the other hand, maybe they know something and are convinced this ain't the lows in stocks and the highs in bonds.

Thanks to Wasatch on BearForum for catching this one.


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