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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (64443)2/2/2001 10:45:17 PM
From: mishedlo  Read Replies (2) of 436258
 
Earlie 2/3 of my money is in an IRA so I simply have no choice.

I also am prone to panic attack in the account that permits it.
I covered my RIMM short for a loss at 72 from 65 OUCH OUCH.
However I immediately bought 10 PUTS on RIMM, a few more than my short when RIMM was at approximately 73.

However, in that acct the transaction is still at a net loss because of the premiums and strike prices.

I am holding 50 RIMM puts of various nature: 30 MAR strike 60's, 10 JUN strike 40's, and 10 JUN strike 50's.

I hope this is enough to prove devotion to the cause.
I will galdly settle out of court for a quick 15 point drop in the next 3 days. ggg

A big drop in EMC and CLS would be welcome as well.

What's with you guys anyway? I bought a ton of CLS PUTS expecting big things as you all got me hyped up for a big earnings bust and the stock nearly shoots to the moon. Fortunately I mostly bought March PUTs when it was around 72 so I am now back to even.

I did get hurt on the FEB's that I bought.

M
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