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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (32358)	1/7/1998 9:37:00 AM
From: Barbara Barry	Read Replies (1) of 58727

Lisa, Don't feel bad...I got out of the calls Fri @ 9 1/2. Then after the rally Mon and big drop,I thought I was "smart" to buy back in....DUMB,DUMB,DUMB!!!Now they have to move back to 8 for any profit.I do not add option positions to average down. But I am "maybe" considering it today if we really have a huge swing down today and the indicators try and support a brief rally.I have been "lucky" enough in the past to get back to even or limit losses to 1/8 or so.To bad time is our enemy at the moment. Oh well, we can make up losses if they occur on the put side,IMHO.Give you Voodoo your best shot,PLEASE! Glad your back with us. Good luck, Barbara

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