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Non-Tech : Invest / LTD

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To: Thean who wrote (2324)8/31/1998 4:21:00 PM
From: Alias Shrugged  Read Replies (1) of 14427
 
Thean

No special news. To be honest, I think some of the bulls finally woke up and smelled the coffee!!

LT - what did I tell you about taunting all those nice boys and girls on the DELL thread?!?!?

Anyway, for a kick, I read (for the first time, honest) some of the dell thread. Reminds me of last Nov when we had our drilling stocks still flying high. Oh well. Reality will ultimately intrude on their Dell Millionaire Party.

I sold off my WMT 70 puts (5 at 8; 5 at 9.5). My 60s and 55s are working now. Bought 5 WMT Sep 55 calls at 5.25.

Sold some of my CPQ 32.5s; I have 10 left. Bought 5 CPQ Sep 25 calls at 4.5.

Was DENIED my HD calls. HD MMs are pricks! Wanted 5 Sep 35 calls at 4.5. For some reason, no one sold. Still have 20 40 puts on HD.

With puts moving deeper in the money, i like to buy calls to either (1) sell for a profit, or (2) short deep in the money calls against them.

What a day!

Mike
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