Ray, those that listened to my "play by play" in Arakis did well. (it is getting close to "bananasterritory again, but not yet). I think that your instinct is serving you well. This rally may carry a little longer (but I doubt much beyond Wed. afternoon and possibly earlier). The NOV I would not take a risk and cash in, the FEB are another question, I think you are going to be given a chance next week to buy these at less than half the price they are today, so, if you still see that seller tomorrow, and it refuses to go much above 23, I would be out of these as well. Just my 2 cemts, but if you remember my urgings to Mazzarella, you know that I prefer writting the calls (only covered) than buy them. Very risky business paying for time.
Zeev |
