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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (46488)2/20/2004 4:22:20 PM
From: Dr. Voodoo  Read Replies (1) | Respond to of 74559
 
Hi Jay,

Today's Update.

Closed out my dow Puts for a small gain. I still have some qqq puts that I picked up when the market went neutral that I may get stopped out of next week. Emini trading has been good to me. ;-)

I'm not looking at stocks right now. I think we may rally from here, but it will likely be a good headfake. The big down move is still yet to come, but looks like it may be a few more weeks away. I would be cautious holding just about anything long.

We still don't have the volatility around to dust off the circuit breakers. I expect that will begin to pick up soon.

Now looks like a good time to start buying dollars. ;-)

V