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: big guy who wrote (11880)	12/19/1997 4:54:00 AM
From: Goldbug23	Respond to of 94695

With the globex figures down a bunch at the moment the NYSE opening should make our Rydex Ursa look pretty good. Best, Jim

To: big guy who wrote (11880)	12/19/1997 8:36:00 AM
From: James F. Hopkins	Respond to of 94695

Thanks Big Guy, going to look now. :-) I think we are in for a down day..and xmass selling may be more than usuall this year..generally it's not enough to prevent a small xmass rally but it could be this year..our last high was to long ago..I do not know if you can short SPY. I have bought her on rallys and jumped back out but never tryed to short her and don't know if it can be done. SPY runs with the S&P at about 1/10th the price. IF you short it and see the S&P turn around..cover but open should be strong down .. Jim