Trade/Invest with Options Jerry a Point & Figure Chartist Message Board

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Strategies & Market Trends : Trade/Invest with Options Jerry a Point & Figure Chartist

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To: Jerry Olson who wrote (2504)	6/14/2001 7:47:20 PM
From: John Lacelle	Read Replies (1) of 5893

Jerry, Yes I confess, I bought out of the money puts...those 25s looked pretty sweet till Greenspan dropped the rate .5 and the NAZ rocketed. From a pure fundamental viewpoint, HOMS puts are pretty hot. Its one of the last dotcoms to get its ass wooped. Its still a Wall Street darling though, with "strong buy" ratings...I bet that by Christmas this thing will be like Winstar, frozen at $0.14/share...with still a "Strong Buy" rating. What do your charts say for HOMS over the next 6 months? -John

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