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Strategies & Market Trends : Tech Stock Options

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To: Patrick Slevin who wrote (42322)5/5/1998 6:39:00 PM
From: Byram  Read Replies (1) of 58727
 
Yea Patrick I feel the same way
I have to admit - I lost my nerve today -embarrassed, shell shocked etc..I bailed before the getting got good....I bought in (luckily at the market high yesterday about 110-112 up......I figured that I had enough puts to level out a loss I was holding from the ECI day..(I know, I Know-stupid) but I figured get to 2.5 (OEWQD) and I got a rpofit for the complete bunch....when the DOW shot to 0 more/less this AM I bailed with a nice (45%) profit on the trade ----But!!!! I still have the expensive puts from the other day.......
I know - no dicipline..actually - I am still playing with profit from the 27th, and had some good trades end of last week.....but I am afraid the fun (volitility) will go away before I can do as well as I have done in the past.....
Great CALL & thanks for your input!!!!!
Byram
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