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Non-Tech : Invest / LTD
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To: Lucretius who wrote (1682)8/10/1998 5:03:00 PM
From: Thean  Read Replies (2) of 14427
 
LT - I remember NKE had closed at 42 15/16 one time before and the next day it shot up so I would hold off your party for at least one more day. People will be nervous tomorrow but I definitely would not <i?just do it unless an indefinite duration of dead money is your cake (which is btw). This is where risk/reward takes a very different twist - if NKE closes at $43, my assessment is it can go either way or 50:50. But if NKE closes below $43 convincingly like $42, then the risk is low and reward much higher. Lower is better.

MRK put did not get filled.

Doc - did you see that evil tower bid-ask at $31's and the last trade at $33? I say MM moved up to trigger a buy stop most likely for short covering. Still short. Did you do anything today?
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