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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (28449)	11/14/1997 2:58:00 PM
From: Kevin Walsh	Read Replies (1) of 58727

Kevin, Thanks for your read. Glad to hear you didn't get those TXN calls, whew. Which brings up a question - When you saw TXN break below its 200 DMA and go into a freefall, did you consider puts? Sounds like you were so surprised that you just let it go. On my KLIC trade, I didn't consider puts and I don't know why. If I had, I would have turned a good profit (this time anyway). Hindsight is wonderful, but the individual psychological effects of this type of market behavior is interesting to me. The knee should get better, thanks. I need to learn to back off and stay that way for awhile. Take care, it's almost that time. Have a beer for me. kw.

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