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Strategies & Market Trends : Asia Forum

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To: Bosco who wrote (5297)	7/29/1998 9:40:00 AM
From: Zeev Hed	Read Replies (1) of 9980

Bosco, I have an "absolute" SL at 109 on MRK, I buy back the calls in the low 120' and write them in the 130', on this run, I may wait for another little new high just above the last one. I may not cover until 115, since I expect quite a "whack". Zeev

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