VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (7084)	10/10/2000 11:05:50 PM
From: RR	Read Replies (2) of 65232

Hi Tim: Hey, glad to know you're weathering this storm in fine shape. Now is a time having a plan pays off. Helps to curb the emotions and makes for better decision making. I'll try to buy more CIEN Jan calls tomorrow. Tried today but didn't fill. Did buy more EXTR March calls. If the market is down, I'll buy more. Still have some dry powder, buying a little here and there, not all at once. Taking positions now in the quality stocks seems to me to be a great opportunity for some fine returns in the months ahead. Just a note about EXTR.... it reports the 18th. Remember that with options it may be wise to get out before earnings. On the other hand, I guess many feel EXTR will have superior earnings with good guidance, so it might be safe to hold over earnings. This market turn by then and EXTR may not have a post earnings sell off and instead have that run to 150 we were waiting on. Rick

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