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Politics : Formerly About Applied Materials
AMAT 328.29-3.4%Feb 12 3:59 PM EST

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To: kdavy who wrote (47851)6/12/2001 12:38:40 PM
From: Jerome  Read Replies (1) of 70976
 
***Shorts and other stuff *** AMAT, NVLS, LRCX, LLTC, XLNX....

KDAVY... If I was to short I would wait for the third or fourth consecutive up day. Previously you posted the buying of some positions and writing a "in the money " covered call. I think this plays out better than buy some puts, because only one commission is involved.

My example for today would be TER...Buy it at 41 1/2 and write the 40's or the 37 1/2's a month out. It might be a small gain, but better than a big loss.

FWIW..Dept...I think the best play out there is ORCL. Buy it now and next Tuesday write the 15's or the 17 1/2's for July.

What looks good to you today?

Regards, Jerome
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