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Strategies & Market Trends : Options
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To: Jeffry K. Smith who wrote (7913)6/2/2000 7:43:00 AM
From: edamo  Read Replies (2) of 8096
 
i was short gblx short puts that i closed at a profit....i am not long any positions (other then in my corporate pension fund....jdsu,brcm,intc,msft,svgi)....

as i stated, if you believe the fundamentals have not changed, and the selling off is in sympathy with the market, now is not the time to exit, that should have been done a few months ago.....if the position is for long term reasons, then stay with it until fundamentals change...

personally would consider selling short term puts on gblx with the next market pullback.
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