Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (8501)	4/24/2001 3:27:11 PM
From: Bucky Katt	Read Replies (1) of 13094

I agree 100%...Along that vein, I used the little pop today to pick up some put positions in the dow @10626 and the ndx @1842. Just a choppy market. The pop in LU is kind of amazing, so I used it to get some May 7.50 & 10 puts on the cheap. Salomon raised LU to outperform from neutral, I figure they have a big pile in inventory... If they were so smart and "customer oriented", where was the upgrade when it was $6?? Of course, they come before their customers. This is a classic street distribution job.

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