SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 103.51+1.9%3:26 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: edamo who wrote (63236)12/20/2000 4:13:09 PM
From: blake_paterson  Read Replies (2) of 93625
 
ed...atm itm call buys have intrinsic value...in a down trending market it doesn't pay to buy cheap....

lessons learned. thanks fer the advice... I figured we were done w/ the down trending yesterday AM when I set up the orders:

due for a change of bias
tax selling nearing an end
Bush beginning to set up a govt
RMBS finishing a stellar qtr
etc etc etc

big ouch. On the bright side, all it takes is a price of 48 in the next 30 days to be back in the black on that tansaction..or so I hope.

Now I have even less gunpowder to use to try and re-establish positions of just 45 days ago. Lots of margin calls out there today.

yikes...this is is scarier than '87 and harder than '98.

I think/hope a lot of the tech warnings and downgrades will prove to be trivial in 45 days. At least that's what I am telling myself.

BP
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext