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Technology Stocks : INTEL TRADER

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To: Jurgen Trautmann who wrote (5000)1/5/1999 3:19:00 PM
From: MonsieurGonzo  Read Replies (1) of 11051
 
JT; RE:" SAP... "

...ja, I saw it down ~20% on the DAX this morning and I knew that you and DJ had taken a hit :-(

My big loser in '98 was ASYT DEC 22.5 CALLs, which I was happy to get out of with only a $50K loss. Mistakes I made were:

(1) trading anything when my head was all messed up in May.

(2) violating my own $15K per option position trading limit.

(3) removing my STOP instead of taking the hit and moving on.

..worked like hell to get back $35K in the trading account by year-end. Fortunatley, "Mr.Market" as Berney says, saved my CORE with no help from me (^_^)

DELL, Jurgen - I said "...when Jurgen buys DELL", pas SAP.

-Steve
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