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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: robin 187 who wrote (5505)	10/6/1998 1:44:00 PM
From: Jerry Olson	Read Replies (2) of 44573

Hello Robin just found this post??? heh... first of all, no ? is stupid!!! don't be silly....:>} ask away to anyone here...we're all very friendly...well except SE<g>.. anyway, let me tell you my thoughts...over the last year or so, i traded YHOO at every opportunity just before eps each Q... i might add sucessfully most of the time...today is NOT then...past history might not work THIS time... lots of solid Big Caps are cappitulating as we speak..things are very shaky at best.. so this how I would play your position... first take your total cost of all calls, and try to sell into strength tomr...YHOO will run up before eps...they usually beat the street... sell enough calls to get your capital back, & then let the rest run for a day or 2...YHOO could pop 10-15 points intraday this week... BUT 1 caveat...godforbid if they miss....slaughter on 10th ave.... this is NOT the time to gamble, not here not now..... hope this helps you...:>}

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