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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: sun-tzu who wrote (144210)1/16/2002 5:16:48 PM
From: Justa Werkenstiff  Read Replies (1) of 436258
 
Sun: Re: "i would pinpoint the q's at the 40.2 to 40.5 range."

Makes sense for a few days. News flow on the earnings front will determine the amount of the bounce. In July, we got a huge bounce from Softee bogus announcement that was bought anyway in an oversold market. Might have a similar play here. But I thought your target was much higher or have things changed for you?

Re: "your parameters are a hell of a lot better than mine were."

We'll see. At this point, hindsight says I should not have hedged at all.
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