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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Mr. Pink who wrote (6055)11/17/2001 1:45:12 PM
From: Jim@Inland  Read Replies (1) of 6873
 
I covered even my core position in WEBX . I just couldn't see it going straight down? However, in case it does, I sold the Dec 40's, 35's, and 30's. I just got started selling the dec 25's on Friday, So if it goes back to 40.00 I'll have a perfectly allocated short position with an average of about 42.50:) If it tanks from here, I've earned 10.25 selling options on it so far.

Cheers: Pinky

ggg

Jim
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