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Strategies & Market Trends : Sharck Soup

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To: American Spirit who wrote (35248)9/12/2001 11:58:32 PM
From: mishedlo  Read Replies (2) of 37746
 
Sounds like you are trying to justify something you are thinking of doing.

Not at all - If we gap down I am selling my puts immediately.

When the down stalls I will likely be a buyer.
I am hoping for my calls and I am hoping for my puts.
I will not be greedy on my puts and I sure do not have intentions of shorting. That does not mean I will not do it. I just have no intention now of doing it.

I will base my actions on what the market does. No more no less. My intention is to sell my puts and ride out my longs.

I could decide to do the opposite but I sure am not basing a strategy on that premise.

M
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