Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Ms. X who wrote (11758)	1/3/2000 9:54:00 PM
From: HG	Read Replies (1) of 63513

I wuz getting reckless with the $$account. Lost a few thousand today and that didn't bother me....thats my indicator that I've made enough and need to take a rest. I wanted to buy back the YHOO covered calls and sell the stock. Don't have option to trade naked calls/puts at schwab, and since the calls were taking so long to buy back, tried shorting the shares while the options buy was confirmed....this whole process resulted in a loss of a few thousands...and I didn't bat an eyelid. That kinda jolted me. Maybe I'd made too much and needed to get out for a reality check...!!!! Last something like this happened, it was May !!! Thats when I hit the sell button big time....... Yep, I'll just wait out till Jan 11. Thats my birthday too so a new wardrobe would be good !!!

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