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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: im a survivor who wrote (29438)1/17/2001 5:20:14 PM
From: Uncle Frank  Read Replies (1) of 65232
 
>> sheez, every time I think I have this market figured out, she comes back and slaps me in the face.....

Now that Limtex has started to grow optimistic, it appears you're auditioning for his old job as Market Moaner <lol>.

Actually, you're in damn good shape on extr. Based on your posts, you bought extr for 39 just a few weeks ago, sold January 50 covered calls for 4, and closed them out at 1/2. That leaves you with a cost basis of 35 1/2, and they are trading in the after market at 41 1/2 - a return of 17% in less than a month. Mr. Market can slap me like that anytime he wants <gg>.

uf
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