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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Judy who wrote (15320)9/1/1998 10:26:00 PM
From: Dom B.   of 42787
 
Hi, Judy...Thanks for your opinion on CMB's near
term outlook. First, I shorted the stock at 72
when it's trend was down and then went long the
Sep65 Puts; closed both positions when it hit 60
and went long the stock at 62...that's when I got
burned 2 points when it turned south on me.

Today, i bought the puts.

Don't have entry/exit strategy, as I just follow the
trend. Por ejemplo, I was able to scoop up some
AOL @70, and sold @86 after the dow started to
drop from 350ish. Perhaps too early. I held on to
Dell that I got for 98 per, as my plan was to own
it this time (i sold at 125 last week) even after
it splits. But if we really tank around 9/15 as
predicted, then it's gone...

Hoping you're laughing all the way to the bank reading
this post.

Be well...//dom

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