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Strategies & Market Trends : Tech Stock Options

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To: Jerry Olson who wrote (19821)	8/16/1997 11:54:00 AM
From: Bart	of 58727

Oj-Well,we knew this correction was coming,you were going to be in all cash in a couple of weeks a couple of weeks ago...I have been a nervous nellie since the bonds started acting funny 2 fridays ago Why did we not load up on puts??-I totally missed this drop!-I feel like we did not follow our instincts and got faked out by last weeks new highs on the soxx and what not.-I'm long ASND @ $50 aug. and TXNand thank God...a whole bunch of AMTX which even the big k man himself, JT, likes!...oh yeah I bought calls on the spx when it was down in the morning and it lost about 30%...I should have abandoned ship but I was trying to make peace, ya know?? I think you are right about your great buying opps. and soon!!-How do you guys feel about the length of any correction?-Will this be more like last July or the march,April slower rebound?

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