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Strategies & Market Trends : Waiting for the big Kahuna
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To: Monty Lenard who wrote (20821)6/22/1998 11:44:00 AM
From: James F. Hopkins  Read Replies (2) of 94695
 
Monty; I don't know either , I bought puts on her Friday at the
close, and they have skewed aginst me , so I just dumped em,
cost me an 1/8 plus commissions. But I can't tell what going to
happen with her, she didn't move the way I expected so I closed
out. Slowly I'm learning if she goes my way to hold longer, but
if she don't go like I expect take a small loss but get out fast.
I've never been good at calling tops any way.
If she makes her new high I'll look at her again.
Jim

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