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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (71)12/3/1998 4:42:00 AM
From: Compadre  Read Replies (1) | Respond to of 99985
 
To all: The world Markets are 90% in the red as of 4:30 am ET. SP500 futures -12.3.

Does anyone have a strategy for trading days like this. TIA.

Jaime



To: Lee Lichterman III who wrote (71)12/3/1998 9:59:00 AM
From: The Perfect Hedge  Read Replies (1) | Respond to of 99985
 
That's why I recc using a thirds approach.I'm in 1/3 in NVLS since I feel FTU and XLNX have more to go.Nvls I have a small 1/3 position as of yesterday.I will buy a 1/3 position(my first 1/3 in these) in FTU and XLNX by the end of Dec.Should have been more specific in my post and said that these are huge fa disasters waiting to happen and the time is near to buy puts but a fully invested position is not advisable yet.....

B*


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