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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: stevenallen who wrote (75000)9/25/2002 12:29:17 PM
From: Ira Player  Read Replies (2) | Respond to of 208838
 
Steven,

I'm probably in the minority here, but my current strategy is to start playing the rally's, not the falls.

I have been playing with long puts in the final month of expiration (I know, gambling. But only with a little of my equity.<ggg>) in the semi-tech sector. Going forward I will be playing the long calls.

While we may fall further, I feel the short term bias is beginning to shift and I don't feel comfortable playing the short side of the market.

So, the short answer (pun intended) is: I don't have any suggestions on the short side because my opinion is long short term. I haven't been looking for weakness, I've been focusing on finding the hidden strengths for the last week.

Ira