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


To: Techplayer who wrote (32710)3/17/2003 1:44:20 AM
From: stevenallen  Read Replies (1) | Respond to of 57110
 
TP - Alright! Just back from weekend frolicking and futs are way down - looks like I might go four for four on the "Short Friday" plan. You asked in an earlier post about covering if the gap down open holds - I'm planning on covering a bunch but will also maintain core positions, including all the ones you mentioned - YHOO, AMZN, ALTR, plus Q, DAL, AMR, PGTV, USB, FBF, NSM, TER, BRCM, MYGN, GM, FS, EXPE, etc. Will also hang on to the metals long, until we get a big spike up. Aside from all the politics and posturing and FOMC meeting on Tuesday, this is OpEx week so volatility is pretty much guaranteed. I very much agree with Jorj's on-going fill the gap strategy (I wish I could as nimble as he), and with the many folks on this thread who maintain a downside bias despite the fluctuations and war rallies.