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Strategies & Market Trends : Waiting for the big Kahuna

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To: Mike Fredericks who wrote (2530)7/16/1997 10:24:00 AM
From: Carl Zbad   of 94695
 
Mike,

<< I completely missed the run-up from April to now. I have lost quite a bit on puts >>

I've been playing straddles and strangles on ASND and CSCO since April. It has worked well. I have only lost money playing directional Puts. Since I can't predict market direction short-term very well, I will continue to play it both ways.

carlzbad
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