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Non-Tech : Invest / LTD

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To: waverider who wrote (2305)8/31/1998 10:31:00 AM
From: Alias Shrugged   of 14427
 
Hey DH,

AMZN and AOL looooookin' Goood!

WMT - I have Sep 70, 60 and 55 puts. I hope to sell the 70s today.

HD - I am short Nov 32.5 calls (sold at 13.75 last week) and have Sep 40 puts. I will somehow cover/hedge the short calls.

CPQ - have Sep 32.5 puts - will sell some of them today hopefully.

The Rally - IMVHO, we rally when the shorts feel they need to take profits and the longs on the side see really good buy-in points. That point is lower.

Mike
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