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To: Return to Sender who wrote (9679)1/17/2005 4:30:25 PM
From: Kayaker  Respond to of 13403
 
OT I haven't heard of Bernie Mitchell. I mostly rely on the turnips to forecast short term opportunities. I might try QCOM again for a short-term long trade. I've made a reasonable return in December and January so far, but it feels like a game of musical chairs. I don't want to find myself long if/when we start a sustained drop. If we do get a decent rise before the end of February, I'll be most interested in taking a bigger chance on DTX puts. Though, I suspect you are right; we've probably seen the DTX high. But when I do the $TRAN:$INDU 3-year plot at StockCharts, it looks to me that the DTX still has good (relative) room to drop.