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Strategies & Market Trends : Tech Stock Options
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To: ratan lal who wrote (44641)6/3/1998 4:09:00 PM
From: Patrick Slevin   of 58727
 
Taking half off at 1083.50 gave me a cushion...that was the idea.

Now I can hold half overnight and Globex would have to rally to over 1112 for me to lose money.

Tomorrow, I can slap the sucker right back on again.

This is how I decided I would "position" trade. It's the only way for me....I have to have some chips back in my pocket to accept the risk of holding overnight---Tom is used to it, I'm not.
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