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Strategies & Market Trends : No-nonsense stock option picks !

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To: Daflye who wrote (105)1/7/1999 1:22:00 PM
From: Benchman  Read Replies (1) of 135
 
Well you can just slap a big "L" on my forehead for "loser", as I sold these too early by ONE DAY. On Monday afternoon when SEG couldn't stay above 31, I figured it was time to get rid of them. I lost most of my money on the 35's and 1/2 on the 30's. Then on Tuesday, it's starts flying! Had I waited one more day, I would be talking profit, not loss, since, I would have kept holding after seeing a move like Tuesday's. Oh well, you can never make all the right moves. Those MCLD options I got at 2, our now worth 6! So I have more than made up my loss with those.

I am thinking about some Citigroup options, maybe Aprils or July's. I have been hearing price targets of 80 in the 4-6 month horizon, and the stock is at 55 now. How about you? Anything new? How have your options been doing?

Rob.
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