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Strategies & Market Trends : Roger's 1998 Short Picks
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To: who wrote ()7/22/1998 7:56:00 PM
From: John Rowton  Read Replies (3) of 18691
 
I have one pick, I usually do not post on the boards. the pick is
UNH. I am short this stock from 60 and change. It had support in the
59 to 60 area and has broken it. I increased my short position today
because of the option activity of the last two days. Yesterday some
one purchased 3,000 puts , they were the Sep 55. Today about 20 minutes
before the close , somone purchased another 2,ooo contracts. These
were in blocks of 500 to 1000 for all of these purchases. these are
out of the money puts.
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