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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: PAL who wrote (6301)9/13/1999 9:31:00 PM
From: edamo  Read Replies (1) of 54805
 
paul ot...y2k celebration

sold some jan 150 and 160 when qcom sold off on analyst statement...stock down about 17 from that point, premium only up about 3...volatility normalizing...tremendously over sold...close today at the low side showed not pushed down by day trade shorts...looks like it may notch down to its last trading range, perhaps 135-165...needs to close strong above 160 quickly to regain momentum...risk/reward on puts at this point not so bad...take care ed a.
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