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Strategies & Market Trends : Tech Stock Options

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To: Byram who wrote (53180)9/18/1998 8:44:00 AM
From: Lee Lichterman III  Read Replies (1) of 58727
 
Thanks, yes I did but I also chickened out and sold my original positions equivalent to my costs plus a little so I now only hold a few of everything and have my original cash back out. My reasoning was that 1.) Take profits and trade with their money 2.) My indicators show the drop should be between 21-24 Sept not yesterday 3.) I think we could bounce today so I can re-enter those same positions at a lower cost thus getting back into the same position but with extra powder for later yet still have some puts in case today goes down more.

Good Luck

Lee
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