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Re: JLSegal post# 276837

Wednesday, 07/28/2004 2:25:25 PM

Wednesday, July 28, 2004 2:25:25 PM

Post# of 704044
JL- Maybe a bit of both... 2:22 effect, going green? No IMTO
Puts and shorts lately- open at ask to get any size, close at bid to exit position- spread= 8%+
-- one better be right AND trade in/out of position well intra day.
-- NOT seeing signs of aggressive put or short activity since there are often very few open contracts on stocks in multi-week free falls
-- Concerned that indices (until NAZ recently) haven't shown any signs of capititulation... I'd have barely made anything being short the QQQs or Dow (still over 10000!!^*$*&@)

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