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Non-Tech : The Critical Investing Workshop

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To: Uncle Frank who wrote (20856)	5/30/2000 10:04:00 PM
From: Jill	Read Replies (1) of 35685

Hi Unc, I'm glad your portfolio rebounded today. Still, it depends when and how one went to cash and in what kind of account. Preserving capital is an idea I've come to cherish more lately. QCOM at 72 is certainly better than 60 (that was the gap that needed to be filled--then one options expert said he'd load up on Jan 01's, I think the 80s or 60s, I cant recall, because the premium was low.) Nonetheless it was at l05 only a few weeks ago. It still has a lot of recovery (short term) ahead. I think I'm going to buy some 03 leaps sometime this week, wait for the rally to soften a bit, or just set a GTC limit order tomorrow. I didn't get them today. There's still a lot of cash on the sidelines. I think we'll have a volatile summer and that's been good for options trades. Like Volty doing his ELON and NTAP calls.

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