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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Mama Bear who wrote (10743)2/11/1999 3:47:00 PM
From: Mr. E2u  Read Replies (1) of 122088
 
ENMD>> I couldn't short it at Datek or Etrade earlier so I bought some March 20 puts 20 minutes ago. The 50 and 200 dma is around $25-$27 so that should put a ceiling on the price today (hopefully).
If there is a gap up tomorrow I think it will be short-lived. I can't decide to buy more puts at the close or wait till the open. I'll probably wait to be on the safe side. I already have 50 contracts.

Regards
Brad
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