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Strategies & Market Trends : BEFRIEND THE TREND Short-term Options Trading Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken Adams who wrote (3681)	6/21/2003 11:54:09 AM
From: MeDroogies	Read Replies (1) \| Respond to of 4058

Wow, ballsy. I haven't traded (due to new job) in some time, but I've got a few positions I've been holding that I've taken a beating on (guess which side I chose). Still, I've been sitting tight. This market is wound tighter than a hairbun on a school marm. I can't imagine there's much upside left, for now. However, economic info looks good (not great though), and if AG loosens rates a 1/4 point next week, things could really spring loose. businesscycle.com If AG lowers rates, I may have to take the plunge and shift my adjustable to a fixed rate mortgage. I can't see long term rates falling much more.

To: Ken Adams who wrote (3681)	6/21/2003 6:14:32 PM
From: Bridge Player	Read Replies (1) \| Respond to of 4058

Ken, your puts obviously are at least 4 weeks or more to expiration. Even if the market doesn't tank Monday...or Tuesday...or even Wednesday... How fast are they gonna lose premium? I'm in the boat with you, having jumped in when the damn thing was launched what seems like a lonnnnng time ago. But I think we get a little correction in a week or less.

To: Ken Adams who wrote (3681)	6/21/2003 10:00:00 PM
From: TraderWithNoName	Respond to of 4058

To make the weekend even worse-Sunday,June 22, is the LONGEST DAY OF THE YEAR ( sunlight-wise )....(G).