Mostly: Classical

[Sexton O Blake]

Re: Short the QQQ and SPY... Sept 11 is near.

amarksp
Nice Shorts..

I am feeling a little uneasy myself - with Sept 11, and being
September. Today they mentioned in the news that they have banned "suspect" pilots from flying in US air space. But what really bothered me - some changes for Europeans and their passports was suppose to take effect on Oct 1, but because they are "not ready" it has been postponed about a year. (!!)

Today I saw HD and WMT go down $1.53-1.60. (WOW!) and the DJI was only off 80. (I know Yahoo updated their quotes now, but I just noticed when you go ^DJI as a quote they give you the "components" on the left you can click and see the entire DJI of which I had created myself as a portfolio. Nice improvement.

http://finance.yahoo.com/q/cp?s=^DJI

Would have liked to have seen a way to SORT a portfolio by volume or gains etc. Next life..

tf
I had been looking at Yahoo puts when they were about $32 around the time they released earnings. Watching I would have lost again.

Check this..
Diamond Trust (DIA) has very little action...
Puts for QQQ (by the time you read it will be into Sep 10 so I doubt you will see what I do now) http://finance.yahoo.com/q/op?s=QQQ&m=2003-10

Basically most people on Sep 9 bought $34 PUTS (prem is $1.20).. but $30PUTS has the most open (prem is $0.25). $34 would be in the money if the market falls again tomorrow.

(Funny since as I write this, moments later they reset the volumes. I see already 216 lots at $33 PUT.)

Was thinking about this all day... 2 Lots of $34 PUTS. will sleep on it and see tomorrow..

Hey Michael.. Re: Mostly Classical...
Hear Here.. Cheers!

Sexton