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Technology Stocks : DoubleClick Inc (DCLK)

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To: Scrumpy who wrote (1146)3/25/1999 8:20:00 PM
From: LWolf  Read Replies (2) of 2902
 
scrumpy... it's gotta be the MMs
this is a pretty expensive stocks for day-traders; buying a 1000 shares of this sucker takes up alotta capital.

I have a story to tell (some of the folks may appreciate):

This morning I was sorta in a panic when the stock was @ 190 because I'd written covered calls at the 185 strike price, when the stock was down. So I only got 16 for them. As the day progressed and the stock stayed around 190... I thought this is just going to keep going up and I'll lose the stock. So....... I bought the covered calls back @ 26, on 300 shares. I can't win!!!!

Oh BTW, I went ahead and bought another 20 shares @ 190....
I guess you'd call me a believer!... I'll just have to get tough skinned on these 10-20 pt intraday swings.

Laura
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