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Strategies & Market Trends : Tech Stock Options

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To: Tom Trader who wrote (29006)	11/20/1997 3:35:00 PM
From: j g cordes	Read Replies (1) of 58727

Tom, it always happens.. especially when you chace taking a position it always turns.. Don't worry though, things won't stay up here too long and you'll certainly be able at some time to recover your short position with some profit. Sent this to Jerry a moment ago, "I'm going to sit out the AMAT earnings.. next week should see some profit taking and I'd be surprized if there isn't a comment or two on the semi's that orders "look" fine but Asia over the next month or so is still a wild card, as margins may have to drop to move sales forward. Just a thought, I'm willing to wait out this expiration." Good luck.. have to get some material universe work done. Jim

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