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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (4068)7/17/1997 8:58:00 PM
From: D Lewis   of 9285
 
I putted AOL,MSFT,& CTXS yesterday and sold my longs. Today I was able to rescue some July AOL puts that were missing in action and closed with only minor injuries. August troops in at 72 to continue the attack. The battle is going well but pros could counter with an airstrike. A lot of good puts and shorts have perished in the AOL campain. I'll commit more troops at 80-100 if necessary and limit casualties till the AOL Empire is suppressed to reasonable p.e.'s. MSFT invasion has sustained heavy casualties but troops are well rested and enemy is very fatigued from such a long march. This evil empire can only be attacked with technical corrections to take a few points here and there to raise money to rescue and buy undervalued stocks. CTXS is tired and looks like a company of puts could do well if they could get in and out fast enough. There will be a lot of good puts going in and some will not make it out unexpired in these campains. Its a fight for the American way of life $$$$$$ Don
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