Replies to post #9479 on Value Microcaps Motherboard

[lentinman]

R59: PUTS:

The answer is NO, I have not considered them, but maybe I should. My intention is to be 20-25% invested with 10% in a double beta QQQQ short position upon Brinker's call. That would make me market neutral where I would stay until the next UP call by Brinker or based on my own observation that the market has collapsed far enough. I may look into the PUTS. Thanks for the idea!

Len

[stock_peeker]

While last week was a BEAR party, there are those that think we are heading higher on Monday.

For instance, "Sentiment Trader" put something on their website that lists all the big drops and big gains inthe market over the last century. It goes on to say that after a big drop (Friday was worst in last 2 years?), the market is twice as likely to go up as down.

We'll know by Friday whether the economy is indeed softening like some suspect (AAPL and IBM indicate some softening ahead). There are lots of major earnings reports and economic reports (inflation stuff, etc) that will probably be the catalyst for the market direction.