P&S and STO Death Blow's Message Board

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

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To: Jeffrey S. Lillie who wrote (25566)	1/22/2003 10:01:51 PM
From: mishedlo	Read Replies (2) of 30712

The problem is you were risking a lot of $ playing for a 20 point bounce (max) in the midst of a huge plunge. That does not seem like good RR to me. It looks like you get a repreive tomorrow and I hope you do. I felt like an idiot closing my index puts when we tanked into the close. Hoping for 890-900 to reload but I sort of doubt it. Perhaps you score big and we run up into SOTU address. Good luck. I really want this bounce although I am net short. I was enormoushy short but covered most today. M

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