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Zeev Hed

08/07/02 12:50 PM

#12715 RE: sylvester80 #12703

Syl, or maybe like the July August period when no one believed we were going to tank, or late September when Steve and West were giving me a hard time on my bullish stance (turned out, not bullish enough as you point out correctly).

Zeev

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jdaasoc

08/07/02 1:14 PM

#12734 RE: sylvester80 #12703

I think we don't get rally until FED cuts rate on Tues. IMO slow melt like last 3 day drop to solidify need for FED to cut rates on TUES.
I am back to hedged but more short then neutral. I still hold a few short PUTs from Jul 24 and short Calls from last week and some new ones from this morning. I not closing anything until significant profits occurs. Happy with time premium decay with my bias for market going down until TUES.