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Strategies & Market Trends : Tech Stock Options
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To: broken_cookie who wrote (34409)1/29/1998 11:20:00 AM
From: donald sew  Read Replies (2) of 58727
 
Hi Richard,

I just bought small amounts of:

DJX FEB 81 PUTS for 2 1/16, awaiting confirmation (obtained at 7960)
XAL FEB 700 PUTS for 15.5 (obtained at 700)

You can't make a whole lot of money on the DJX, but at the same time its safer. The XAL is where money can be made.

I started my short position with just a few PUTS, just in case. Will add on when I actually get my CLASS 1 SELL signals, which I may get when my charts are updated tonight.
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