Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Perspective who wrote (62935)	1/7/2003 3:52:01 PM
From: Jack of All Trades	Respond to of 209892

I have volume on the QQQ Jan calls at 60K today, that may push it more towards 26 if they were opened?

To: Perspective who wrote (62935)	1/7/2003 4:26:24 PM
From: Perspective	Respond to of 209892

Trade executed. Net short exposure up 12%. First significant change in posture since September reductions in short exposure. I may be a little early here, but I'm still not very exposed, and the long-term trend will bail me out if I'm wrong. Shorted the first serious pop after the early December high, backed by bullish sentiment, VXN/VIX divergences, put-calls, commercials, and volume divergences. I doubt that we can get much serious down until insider selling resumes in February, but we should have most of the up out of the way. BC