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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (5367)	1/31/1997 9:54:00 AM
From: IngotWeTrust	of 58727

Hi, Kevin, I'm fine...and looking forward to playing scuba golf this weekend (I live in Pacific Northwest). Hope you have something equally delightful planned. Glad you clipped yer profits... I put on the XLQs short again on the strong close ystdy...noticed w/a certain amount of smug glee that the option spec didn't put any premium into the calls this AM when the stock opened higher... with the sell-off in the stock now...looks t'me like we are looking out a bearish key reversal in the stock fer the day...should bode well for a quickie clippie... Also scooped up some UQDs ystdy as well...too juicy t'resist. Long Orange Juice, and looking to add FCK short-term longs as well t'day... absoLUTEly drooling over placing my long Yen & long SF bets as well. Have a good 'un Oh, and am outright newly long (again) USRX...2 short term cycles bottoming in here and the T.A. looks right as well. However, you might wannabe "creative"...writing puts on USRX is like watching paint dry...all the action seems t'be in the calls because of so many lil folks in the options who only know how to buy calls iffen ya get mah drift... TIE O/49r

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