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Strategies & Market Trends : P&S and STO Death Blow's

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To: quasi-geezer who wrote (19859)12/13/2002 10:20:45 AM
From: Jeffrey S. Lillie  Read Replies (1) of 30712
 
was short up to 945 report then hedged before it so i could patienttly ride out that. if we rallied from there, i locked in put profit. if we tanked(like we did after initial rally) then the acct stays even except for premie erosion which should be offset by the rising vix. i unhedge if and when i feel drop is over and go long.
j
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