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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who wrote (282177)3/31/2004 1:58:25 PM
From: mishedlo  Read Replies (3) of 436258
 
how? it opened down 20%?

Why didn't you do what the padded room did?
They bought puts yesterday at the close on QLGC. They hedged this play with TASR and MAMA longs. They were also long WHT at yesterday's close and flipped that on todays open.

All in all just another routine grand slam for the padded room. This one went completely out of the park. In fact it might be headed into orbit.

M
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