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Strategies & Market Trends : Shorts waiting to happen

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To: Greg Butcher who wrote (822)11/25/1997 10:10:00 PM
From: Cadaver  Read Replies (1) of 852
 
INFU: Ok, am watching it. Let's wait till it's out of breath...

For now, Short ascend or buy 25 puts, at least 3 months out. I expect a sharp down move real soon...like in a few days.

Or better yet, if your broker allows you, sell naked 20 calls. Buy back when it moves down.

If you dont like options, it's safe to short ASND. Be prepared to cover when it hits teens...Buying might kick in...

-Cadaver
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