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My best guess is 963 is first
than more of buy the dips
Ben
----- Original Message -----
From: "Kent Rollins" <kentr@xxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, June 08, 2003 11:07 AM
Subject: Re: [RT] small lots
> This rally has been so strong that I think any initial correction will be
> met with a lot of buy-the-dip activity. Should provide an opportunity to
> get in short. But then again, it may just start going up again. There is
a
> major shift in asset allocation going on and the loser must be cash
because
> nothing else is going down.
>
> Kent Rollins
>
>
> ----- Original Message -----
> From: "EarlA" <earl.a@xxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Sunday, June 08, 2003 9:10 AM
> Subject: Re: [RT] small lots
>
>
> I sold my SPX puts early in the morning of the 4th (Wednesday) ... was the
> third time in a month or so where I ended up closing a profitable short
> trade for a small loss. I didn't like Tuesday's rally. I didn't like the
> fact that they were able to hold the second decline attempt a few ticks
> above the first. I didn't like the fact that the time in Tuesday's rally
> exceeded the time of the decline. And I didn't like the
> fact that the short trade had moved into the "hope" stage. All in all, a
> sense that I was trading against the tape and they were going to take it
> higher.
>
> My weekend analysis once again shows all the ingredients in place for a
> significant correction, however I am undecided on action. I may look for a
> short on a retracement and use emini to scalp a decline. I generally use
the
> deep in money SPX puts to do a short position trade and that has not been
> working.
>
> Earl
>
>
>
> ----- Original Message -----
> From: "Brad Cline" <bradcline@xxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Saturday, June 07, 2003 2:08 PM
> Subject: RE: [RT] small lots
>
>
> > Earl, did you hold onto your OEX options with Fridays new highs?
>
>
>
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