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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (15119)7/16/2002 12:59:25 AM
From: jim_p  Read Replies (1) | Respond to of 23153
 
When the down volume hit 90%, I added a little on margin and then had to leave for a few hours.

Ended up with 70% in the SOX, 30% in other tech stocks and 15% in PGO, EP, XEL and DOW.

First time I've used margin in over a year.

With the VIX over 40 and the down volume over 90% I felt pretty good, but still couldn't watch.

My bet is we gap open tomorrow and then work our way back up to 1,500-1,525 over the next 3-4 weeks.

More fun to come in September-October.

Jim