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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: Challo Jeregy who wrote (22183)1/18/2003 10:00:03 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 57110
 
I find it very interesting that Don's stuff is coinciding so closely to mine. I think you saw my stuff where I was possibly expecting the lows in 2-3 months. I have a hard time believing that except that the last wave can often be the most dramatic in its quickness. (think of 1999 on the naz).

I was heavily short this past week with SPX puts. I lightened up on Friday, but will get back into them on a bounce.

I am using March 2002 as my roadmap right now, but I am expecting the drop to resemble the Sept 2000 drop in steepness.

SPX
stockcharts.com[r,a]dhclynay[d20020114,20030117][pc20!b200][iub14!la12,26,9!ll14!lh5,5!li10,10!lp14,3,3][j9610497,y]&listNum=2

Naz Weekly
stockcharts.com[e,a]whclynay[d20010614,20030114][pc20!b200][iub14!la12,26,9!ll14!lh5,5!li10,10!lp14,3,3][j9508105,y]&listNum=2



To: Challo Jeregy who wrote (22183)1/19/2003 2:10:47 AM
From: PuddleGlum  Respond to of 57110
 
Yippee! Bring on those lows, but do it fast. My puts expire in the March-May time frame so we don't want to let them expire without getting a worthwhile return. And, by the way, no lows allowed for those stocks that I'm still long on, OK?