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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area
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To: Crossy who wrote (2233)11/7/1997 4:53:00 PM
From: Rick C.  Read Replies (1) of 37387
 
Hi Crossy and All~ This was just the kind of pullback day I was hoping for. Finally able to sell PLAB Dec 45 n-puts, so that, plus my extra Nov 45 calls, will be a money tree if PLAB hits 48-50 again reasonably soon. Plab showed some real backbone against pulling down today, and closed on an uptick, so I think we're onto a good prospect.

Hope everybody has hung in there alright today. I cashed in my batch of Nov 76 DJX puts like clockwork. Almost makes me look like I know what I'm doing. But I don't kid myself that luck is the main componant usually. Still, if you're not in position, you can't profit.

Glad to hear RDRT is holding well. That idea of nikkei index leaps is intriguing. Let us know if you come to any decision about it. Agree that that would be a good vehicle to play that hunch.

Regards,

Rick
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