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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: dennis michael patterson who wrote (21282)6/2/1999 3:24:00 PM
From: Daflye  Read Replies (1) of 42787
 
I just put a bid in at 4 for IBMSB, july 110 puts. It's only for half of what I sold this a.m. It's kinda free, so why not. Sentiment is screwy. This correction is not over. I will average down into this position till I have what I want. I still think IBM trades down to 100, possibly 97ish, the open interest in the June puts makes me think that it might take till after June expiry.

Now I'm goin' for real.

Till later,
D
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