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Strategies & Market Trends : straddles and strangles

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To: CapitalistHogg™ who wrote (3)	8/20/2004 3:29:40 PM
From: charlie mcgeehan	Read Replies (1) of 10

i don't know about the success of the trials and for sure i would not guess on whether there is FDA approval or not...i don't really care. i just have a reasonable belief that the stock will move big time and i want to be part of it. that to me is the beauty of this type of trade. the stock is sitting at support now so i will start to leg into my calls on monday as i expect it to rise into the end of the week...if that is the case i will add the puts later in the week.

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