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To: yard_man who wrote (46334)7/19/2002 10:26:55 AM
From: AllansAlias  Respond to of 209892
 
Perhaps, I tend not to worry about such things. Hell, I heard the S&P H&S is in a magazine this week -- Time? So what. There are still ways that the market can surprise without actually invalidating a pattern.

Closing my Nova will have to wait until the PM. Forgot that about regular funds. I hate to close out when the Rydex positions are so damn negative, but a stop is a stop and this wiggle long setup turned out not to be sideways/up; more like sideways/down or just sideways.



To: yard_man who wrote (46334)7/19/2002 10:31:42 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
BTW, once I remembered the thing about Nova, I got some QQQ Aug-$24-P as a hedge. Yes, too many people are looking for a meltdown here I know, but even with a 5% wiggle long, I ain't leaving that exposed to a big loss.