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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject7/17/2000 12:30:18 AM
From: chic_hearne  Read Replies (3) of 436258
 
hola amigos,

After long consideration, I've decided that this week is "go BIG or go home" week. I had 5 trades planned this week, but have decided to bank everything on AMD's earnings. I'm going to be 50% cash and 50% AMD July options by Wednesday's close. I'm so confident in AMD's earnings I'm willing to risk 50% of my capital. I can do 190 contracts in my 2 accounts and have arranged to more in a relatives account. Don't mistake this as a sign of bullishness, it's just one week and one company.

Tommorrow I see a gap opening and the run will start all the way until the Wednesday close. Wednesday we will see AMD report blow out numbers. The gap open will be at least 10 points Thursday. Take this for what it's worth, but I'm putting my money where my mouth is.

chic
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