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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?


To: Ron McKinnon who wrote (11050)12/9/2003 3:19:11 PM
From: DanZ  Read Replies (1) | Respond to of 11568
 
Cover the 800 QQQ at 34.58 from 35.26. Didn't intend to day trade it, but that's too much to not bank and the QQQs are down 1.7% versus only 0.4% for DIA. Would short the QQQs again on a rally. Hold the 1,000 DIA for now. If the market keeps dropping at the same rate as the last hour, I will probably cover at least half.

Ron: I noticed that TIVO is restricted, which usually means that it has a very high short interest. Do you think that has anything to do with the stock being selected by the trader on Cramer's site? Thanks.