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Strategies & Market Trends : The New Economy and its Winners
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To: Jan Crawley who wrote (262)5/19/2000 7:01:00 PM
From: Peter Church  Read Replies (1) of 57684
 
Hi Jan,

I hope you got your fill of June 125 Yahoo puts. They might be very profitable. I think we're back to Bear mode as the averages break down again. That conference at Yahoo yesterday didn't convince too many Money Managers to hold on for the wild ride. They are bailing out.

I went short Yhoo at 120 today on an exercised option. I could of gotten out with a profit a couple of times over the last couple of weeks when Yhoo approached 110. You know how agile you have to be to play options well. But, I think it will be OK for the ST and perhaps LT. The 110 to 130 range is still intact for now. But, I expect YHOO to break 100 within a month as the Nets come crashing down. Am I dreaming?
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