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Strategies & Market Trends : Options
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To: Jill who wrote (6567)4/17/2000 12:19:00 PM
From: RocketMan  Read Replies (1) of 8096
 
Good for you. Cash is always nice to have in volatile markets, allows one to ride out the storm, and if the market goes down x% it is the equivalent of the cash going up x% I closed my puts before this morning's rally for nice profits, thought I got screwed on the spreads. I am not liking the looks of this weak rally, so I re-hedged my qcom and emc long position with puts at lower levels. No sense in throwing caution to the wind with this bear still loose on the street, a short week, and options expiration. Also raised more dinero.
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