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Strategies & Market Trends : Tech Stock Options

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To: Autumn Henry who wrote (28621)	11/17/1997 2:50:00 PM
From: Kevin Walsh	Read Replies (1) of 58727

Hi Autumn, >>Boy, am I the only one who didn't know that DELL was going to go up another 7 today? Or CPQ up 5? Or TXN up 7? Or COMS up 4?<< Uuuhhhh, nope. I was mesmerized by the brightness and the speed of that 'gapup' train coming at me and decided to jump off the tracks. The calls I was looking at getting this morning instantly became too risky/pricey for me at this time. They never came back :-( At least now we have a big 'up gap' as a target for puts. Let's keep an eye/ear out for a short term top so we can take advantage of some of this volatility. >>Am I out of tune or what?<< You're not the only one. Getting whipsawed will do that to you. Hope all is well, kw.

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