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Strategies & Market Trends : The Millennium Crash

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To: Rarebird who wrote (514)8/27/1997 4:20:00 PM
From: Bilow   of 5676
 
Sold my SOX SEP 390 put this afternoon for 16 5/8. Bought it
back just before close for 15 1/2. I originally paid 12 7/8 on Monday
for it.

If I continue to time this well, I just might quit experimenting and try
it with more than $1000 at risk. But no hurry, still time to practice
and learn.

I've got a good (bad) feeling for the market over this next 3-day
weekend. I suspect a lot of other people feel the same way,
and I expect them to drag it down tommorrow afternoon, as
they pile out to avoid having to hold during the last day before
the weekend.

-- Carl
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