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Strategies & Market Trends : Waiting for the big Kahuna

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To: RangeRover who wrote (25537)8/28/1998 10:17:00 PM
From: jef saunders  Read Replies (1) of 94695
 
chris, i made a good sell on my puts earlier with
the dow at 8020. but i didn't buy them back
on the up wave...bought dell calls instead,
with the intention of holding for 3 days.
with dell at 116.5...you gotta figure dell is going
to bounce back faster (and it did quite well
the rest of the day).

now bobby's scaring me up, though i wasn't
planning on holding past 1055..but if it is so
bad, what if we simply break 1012 monday
and keep going?

jef
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