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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (11573)3/15/2001 7:53:49 PM
From: mishedlo  Read Replies (1) of 13572
 
Well I quit fighting the tide. Sold all my calls, some for profits some for losses. BA FNM for starters are drifting down with recent 13DMA/50DMA crossovers so why not buy puts.
Very near peaks.

CHKP was manipulated to about 1 1/2 point of max pain today. When it broke down I should have shorted the hell out of it. Did pick up a few PUTs on the crossover from green to red (not enough). I think it falls in half. PE is too high and they really unloaded it today.

M
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