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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Wally Mastroly who wrote (1900)7/23/2002 2:15:12 PM
From: marc ultra  Read Replies (1) | Respond to of 10065
 
Wally, VIX now over 51 and could eclipse Sept levels on a closing basis. If my guess of bottom in Q4 proves true and we have our usual ugly Sept, this could get very ugly indeed. The VXN is still in the 60's and would have liked to see that higher but I guess people out there still with hope for the NAZ. If we drop a little closer to 1200 on he NAZ I'll consider adding to my QQQ's and in a month or more selling my remaining RYVYX which should give me a long term capital loss that could last me for a decade(g). Duh yes administration, tax receipts on capital gains are going to be pathetic except for a few smart disciplined players who played this bear very well.

Marc