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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: Stephen M. DeMoss who wrote (68886)	2/10/2001 3:16:43 PM
From: KymarFye	Read Replies (1) of 99985

Stephen, on JNPR's 52-wk low, I should have been more specific - I was looking at closes, but you're right that it hit 70 in late May. Anyway, the point is that it's undergone, shall we say, something of a shift in sentiment. As for the specific idea on LENS, I'm sure you could teach me a lot about options strategies. Even after reading several books on options and setting myself up with a broker that specializes in them, I've still never made an options play. Otherwise, I don't know nuthin bout LENS (though I was a big fan of the E.E. "Doc" Smith Lensman series when I was a kid), and I generally avoid stocks trading under $20. (I may soon have to give up on the Nasdaq altogether <g>). DO you mean sell the March 12.5 puts or calls?

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