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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (1375)1/26/2000 11:22:00 PM
From: Jill  Read Replies (1) of 35685
 
I don't know Volty...glad to see you back here...yes, you said move into leaps to avoid near term volatility. I wish I'd sold all my damn calls on Jan 3 as you suggested, but in any case, I just got out of my Aprils today when Q was at 128. Skimmed a bit of profit out of them but nothing like what I could've gotten in early Jan. Anyway...I'm underwater on my 2001's (200s). You'd just ride it out? I feel like getting out of half of them, taking a loss, and either keeping the cash for a serious correction or putting them into JDSU. I've also got a few 2002s (125s) which I'm more than happy with. And now a lot of stock exercised at 82 1/2 which I might as well sell some covered calls on.

What do you think? I'm posting this publicly since the answer might interest others as well.
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