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Strategies & Market Trends : Steve's Channelling Thread

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To: Logain Ablar who wrote (7980)11/20/2000 9:17:23 AM
From: mishedlo  Read Replies (1) of 30051
 
Tim I am already out - of almost all longs
I started nibbling at puts on friday

Bought puts on RBAK (yippee) not enough
CSCO
CIEN
IBM
RIMM
EMC
ASKJ

Still holding BU$$ calls as well as TXCC and a couiple others - they will go on a good bounce.

It seems easier to play the short side. Every recovery is not as high as the previous, and every low is lower
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