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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (6176)10/6/2000 5:52:12 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
RRick, made you proud today scooping EXTR calls

with one hand firmly securing both kayones (aka stones, onions, nuts)...
I hit the buy button for more March 100 calls
EXTR was pushing the lows at 95 or so, near day bottom

every time it pushed down, volume shrank
every time it sprang up, volume rose
I use 15-min charts to observe this
decent close toward 100, nice final 30 minutes
and no news

reduced my average cost nicely
networkers held up well today
EMLX, EXTR, RBAK, CSCO, not so much FDRY, JNPR
EMLX announced a 2:1 split effective soon after Nov16 meeting to approve

I absolutely love the absence of margin emotions
/ Jim
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