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


To: jjstingray who wrote (24996)1/18/2003 1:13:54 AM
From: mishedlo  Read Replies (2) | Respond to of 30712
 
delta hedging short kicked in today.
That says the boys are likely short and would welcome a chance to cover lower.

In that regard, a gap down would not be unexpected, or a small headfake rally up before we go doiwn hard again I would think.

I am shorting a 10 point rally on Tuesday if we get it.
Still holding some index puts if we do not.

M