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Strategies & Market Trends : Steve's Channelling Thread

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To: Jerry Olson who wrote (24713)	8/20/2001 9:56:59 AM
From: Steve Lee	Read Replies (1) of 30051

Just increased my MU put posn by 20%. Looks like they are pricing it up slightly on this low vol so I took advantage and got some Sep 40s for $5.1 Edit - that should say 10% ! Edit2: All I keep hearing is everybody is wating for the Fed! BS. They are waiting for the people who are waiting for the Fed to start buying so they can dump more. How can they crash the market but get decent prices for the start of the selling unless vol picks up? <g>

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