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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (20244)	12/16/2002 12:51:05 PM
From: Jeffrey S. Lillie	Read Replies (2) \| Respond to of 30712

Being busy, the best thing would be to wait for a peak in a day or a few. there will be plenty of time to ride this one down. i am considering selling some of the spx call as are up almost 50%. the only thing holding me back is i have a feeling we close at the highs today. they shouldn't be much higher than levels already reached. possiblly 1040-1050 ndx and 910-914 spx. i have to go a bit higher on my ndx long (1066) so i am really hoping what i think will happen actually does. I will probably get some puts at close just for the sole purpose of hedging the RYVYX position against losses. I will be adding to them BIG time around 1088 ndx if we get there. j