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As you know I posted yesterday that my brother had closed out the QQQ, DIA
and SPY shorts at breakeven. He sent an e-mail to the family saying that
the market was due for a major drop today since he had unloaded some major
shorts. What a psychic. :)
Anyway, he would have closed them out today regardless, since he is leaving
for Taiwan tonight on the red-eye and even though he is taking his laptop,
doesn't want to worry about major positions. He's working on funding a new
start-up. Seems that even though he sold off his last one, people in
Silicon Valley keep trying to put him back to work. Oh well, better him
than me. :)
We're still short the Mar S&P futures @ 1417 as of 2/3/00.
Regards,
Guy
Fax (630) 604-1589
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