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Strategies & Market Trends : Options

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To: Jill who wrote (3416)	2/22/2000 5:44:00 PM
From: RocketMan	Read Replies (2) of 8096

Re: TERN vs RMBS puts RMBS was up 30% and if you look at its chart it looks like one of those fountains, every spike up is followed by a dive. finance.yahoo.com TERN was up 14%, and even though it is a bigger POS than RMBS, its chart is smoother and Gilder is behind it. So, I would say to buy puts on RMBS rather than TERN, but don't buy puts on RMBS unless it hangs up there or goes up in the morning. If it dips in the morning it will probably bounce. I plan to close my puts in the 130's. Hell, I might buy some calls then. Stop me before I become a day trader.

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