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Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (225)3/17/2003 8:44:15 PM
From: Londo  Read Replies (1) | Respond to of 666
 
Bush just gave every short seller in the world an excuse to go short on the S&P 500 for the next two days while evil terrorists plot their plans to destroy the USA.. (this won't happen of course, but the perception is that they will).

So here's a trade: Short the S&P at 861, stop loss at 871, if order is filled, cover at 848. Let's hope I don't get taken out by a 'death spike'. This will be a 36 hour trade. This position gets liquidated Wednesday morning before 5:30am EST at most. It should be party time on the S&P on Wednesday again.