Hi Barry: Thanx for asking, yes the wife is doing much better,
4 days in the hospital..but looks like she will be ok now.
I may go back out on the boats, after all I make more
there than I do in this short term trading.
I'm Putting some money in some CEs and Bonds, and will make some longer term bets on put's and calls, and close out my short term positions ASAP..I hedge both puts/calls..but if they are longer term
I won't have to watch them as close, and can place a limit sell order,
GTC..if I go out..
Failed to do that years ago, and I had silver futures..it went
sky high with me on the way to Africa..and I never knew a thing
untill I got back..I made a profit but nothing like I could have,
so if I go out I have to set some reasonable target prices, at
least for the time I'm gone.
AOL may take a while to dump the way I feel sure she will, so getting
out in front seems to be the best way for me to go.
BTW
VUPDA has made a small move up in the last two days, if she drops
back to 4-1/4 you may want to look at her, unlike options you don't
have an ex date to worry with..if I leave out I'll have sells at
6 on what I have of her, and a buy at 4-1/4 with another buy at
4..all GTC..then when I come in I'll look a things and update
my positions..I want to go look at EGR don't know much about her,
but her recent bounce up caught my eye, wonder if she has options,
as my gut feeling is she will not hold her high price.
Also
I want to put AOL info in my web page..before I go out, so as people
can find my basic idea of why she won't survive. At least not as
an ISP..maybe as a BYOA..but at much cheaper prices..If I knew
I had to keep this stock for as much as a year I wouldn't give
$10 for her, not even 5, but maybe 4, yep I might would take a
chance on $4..saying I couldn't sell her for a year. <G>
Jim
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