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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (42628)	5/7/1998 10:07:00 PM
From: Byram	of 58727

Pat - I do agree short term....... If - hopefully we have a rally on Friday But I am on the sidelines....some think I am stupid but, that is where I like being....The funny thing is before I found SI and this thread..I told several folks tha tI did not "Trust" this market..they think I am stupid....Although we have an investment in"DELL" & "XON" We have pulled our money except for my short term vices (options-daily). But, the cash on the sidelines - has to keep working....or they will lose moey/cust...... it will come in shortly.....maybe not soon enough to help my position but soon........ BTW This I have to re-interate here: In Aug '96 my 87 year old grandmother said "buy XON, they will split soon and you can live on the dividend". Now, I wasn't so sure....but within 1 yr......I had a split with a 50%ñ return.......-Living off the income - well, she's not a 38 year old newlywed in in the '90 . But, Not bad for a "Little old lady" Byram

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