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Biotech / Medical : BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V}
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To: BRAVEHEART who wrote (300)3/15/2000 1:58:00 AM
From: tuck  Read Replies (2) of 423
 
Jeffrey,

Typo. Yes, DRAX @ 3 1/8. I've been drifting towards cash myself. I think I'm slightly margined after entering several positions this week, but I'll be off again after expiration. I am keeping plenty of powder dry.

You mentioned a few posts back looking for shorts. Given your tone in this post, it sounds like you're ready. It was hard not to kick myself for selling my MEDI puts too soon, but you just do NOT hold a profitable option that close to expiration. Adhering to that principle will save me more than I could have made on MEDI. Anyway, I'm about ready, too. I'm thinking PCLN will get exhausted soon, but I haven't done any short screening recently. You keep finding all this interesting long stuff for me to research, who has the time?

Anyway, I think it's time. I'm going to include at least one short pick in my next batch.

Cheers, Tuck
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