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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (6463)	5/24/1999 2:44:00 PM
From: Minos	Read Replies (1) of 118717

DB, Still learning the tulip thang. Geez, I was looking at CUST in the mid 30s, then again last week at 42 when Joseph Charles put out that ridiculous press release and buy rating. Now who looks ridiculous. Anyway, I'm holding some June AMR puts that I picked up last week. Geez, AMR has really been moving down, but the bid on the puts is barely creeping down. Guess that's one of the reasons that options are such a tough game. Anybody have a feel, technical or otherwise, where AMR and the transports might settle. They usually trend nicely. TIA, Minos

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