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Politics : Ask Michael Burke

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To: Earlie who wrote (88097)1/8/2001 4:06:49 PM
From: mishedlo  Read Replies (1) of 132070
 
Well Earlie, I had to bail on my tech PUTs today, todays positions out flat. Minor losses & minor profits. The positions were not big.

See no reason to bail on financial puts today.
Still holding tight.
There was one very determined seller of AMCC today at 58.
I believe it was skillfull distribution. Kept sellimg into strenghth an quit at 58. It would bounce a point and start all over.
I was hoping it would crack.
Not today.

Now I would love a big rally so I can get a great price going into earnings. I think we gat a 1 day plus 1 morning relief rally.

M
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