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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (26057)12/19/2000 6:56:11 PM
From: pinhi  Read Replies (2) of 65232
 
Covered 100% of my EXTR at about 1:30 for $8.50 (Mar)when the underlying was at $53. Also sold ALL of my QCOM calls at the same time and covered 25% of my QCOM with Jan. $92 1/2 for $8.75. Will probably by them back at the open and re-write. Getting plastered on the few EXTR calls that I have left.

Tom, I really felt before the anouncement that Greenie DOES NOT LIKE THE FACT THAT THERE ARE TOO MANY 32 YEAR OLD BILLIONAIRES RUNNING AROUND. He was not going to come to our defense today. BUT YOU ARE RIGHT! the climate has changed and rates will be coming down and it will be great for growth stocks. I remember a few years back before we got rallys in DEC. that we had a huge rally as soon as the calendar flipped over to Jan. I believe it will happen again. Also, in the long run, FDRY's loss may be EXTR's gain.

Lastly Tom, pay no attention to your critics. You take a stand based on your beliefs and your convictions and you go with it. Period.

I love you man. (snif)
3 putting every green.
Pinhi
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