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S&P 500
7,230.12
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0.29%
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US TECH 100
26,942.00
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0.87%
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49,499.27
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-0.31%
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Post# of 37180
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chainik

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chainik

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Re: was Steve post# 23150

Friday, 12/10/2004 6:14:32 PM

Friday, December 10, 2004 6:14:32 PM

Post# of 37180
3.8% is really nice.

Covered QQQ short; 100% cash in the trading account.

Next week is likely to be a choppy one. I'll probably short the rallies in QQQ and may buy the dips in SMH.

I still think we need a decent drop to justify long-term (1 month (g)) entries on the long side. SMH may be not a bad option as a speculation.


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