Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (66585)	10/9/2003 11:19:22 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

That's weird - already 2 unfilled gaps on SP and DOW on the dailies. These ones are very rare, if ever - we'll have to come back.

To: William H Huebl who wrote (66585)	10/9/2003 11:25:51 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

I think this rally is caused by banks screwing the bears, not J6P. It will last until lights go out in the bond market, at which point banks will be screwed by the bears in a major way -g- Bonds are the biggest market of them all, and they won't be able to get enough of cheap Fed credit to manipulate it through futures. It's quite obvious to me that it's not J6P since all rallies have seen HUGE futures runups in the morning, and rallies during the day also futures-initiated, because gaps occur a lot on 1-min charts. J6P does not know about futures, or trade them.

To: William H Huebl who wrote (66585)	10/9/2003 12:11:10 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

I just went short QQQ; BUT it's called pissing in the soup.. as I got the OCT 35 calls.., it's based on the premise that the stock is more volatile than the option.. and that I can time some short term stock moves before ex date.. If I screw up I can only lose half of my option cost..if I get the timing right I can play it several times and make several times more than the option cost me. It's not like shorting naked and using stops that they can pick off, the stop is built into the trade with the option. Much more upside and I buy some puts to get the Buy the dip trades ready, likely tomorrow or late today. I had some puts but dumped them first thing, and will hopefully get em back cheaper.. PS This only works when the VIX is low.. yet the stocks are wild.