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Pastimes : Home on the range where the buffalo roam

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To: Sam Sara who wrote (11226)3/6/2001 12:59:51 PM
From: mishedlo  Read Replies (1) of 13572
 
Exactly SAM. AS you know I have been expecting a garbage rally like this but not for another day or so.
Fortunately I was holding some calls on CREE and SSTI as a cushion.
Those two were unloaded today.

I forgot to take big profits on IBM puts and now they are small losses but such is life.
My big losers were buying additional puts on AMAT and puts on MU yesterday.

How they can rally that POS is beyond me but they managed.
If this is the start of a real rally, I will miss it all cause I sure am not chasing it. Rally on noexistant volume yesterday and this today.

BTW this sideways action with everything just sitting smacks of distrubtion to me.

We now have some nice gaps to fill so lets get CIEN to 85 or 90 so I can load up on PUTs again.

M
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