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Re: ponkap post# 10195

Thursday, 04/15/2004 7:26:28 PM

Thursday, April 15, 2004 7:26:28 PM

Post# of 37180
as layed out wed morning i thought the low would be 1450. with that taken care of we didnt need to go much lower, but due to AH action we may well test 1440 if things get stinky. the fact that i am 100% long in all three accts is a bit deceptive. my IRA and my mothers 401k are in RE and today proved that it could do well on a down day. my wifes 401k is long 25% intel and 25% ndx for friday with the other 50% being invested at the avg price of intel tomorrow. so realistically she is 50% invested long for friday.

so while i have long positions/orders placed for 100% of the 3 accts, im not very long in the sense of the current situation if that makes any sense at all. I do intend (after i see how tomorrow goes) to flip my real estate for techy type indexes/sectors and therefore be long in the true sensee of the word. if we close at 1450 or less on ndx i anticipate that i will be ALL IN for better or worse for mondays trading.

2005...the year of the shorts and small dogs.

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