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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: Esteban who wrote (798)11/25/1997 8:19:00 PM
From: MonsieurGonzo  Read Replies (1) of 1589
 
Esteban; RE:" Trading Positions..."

OEX 440 PUTs @ 7-1/2

Short DOW @ 97-1/16
Short TAN @ 43-3/4

Short Puts (long) VLSI JAN 20

...these are trading positions, Esteban, that are subject to being closed out on some whim. None of them are heavy. The OEX PUTs are for fun - the INDU would have to break 7740 for them to make money. Unless tomorrow is ballistic, I'll hold these positions until Friday close, probably.

My portfolio has these left...

INTC LEAPS
DELL LEAPS
QNTM MAY CALLS

...which are all below cost. Everything that had a profit was sold on the way down. At present I am 80% cash. In general, I only make short term short sales, and longer-term long positions.

what's in your hand, pardner ?

-Steve
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