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Technology Stocks : DRIV (DIGITAL RIVER). Get in on internet IPO. -- Ignore unavailable to you. Want to Upgrade?


To: fiberman who wrote (2118)6/10/1999 12:25:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 3198
 
My strategy...

FM, I am looking for a snapback rally tomorrow. If we get it, I will sell covered calls. Seasonality favors this strategy. Remember: "Leave in May, come back in November!" The Internet story is also starting to deteriorate, esepcially with a negative research note today on AOL.

Tuesday I slapped covered calls on NTPA, BYND, TBFC and COOL. I wrote July and Aug contracts. I snoozed with DRIV, I guess I was expecting follow through on the huge rallies. Alas, I missed a good chance. I won't let that happen again.

If DRIV continues to decline, I will add to my position and wait for the next summer rally to write the calls.

DocStone



To: fiberman who wrote (2118)6/10/1999 1:48:00 PM
From: margin_man  Respond to of 3198
 
How's about take a couple Viagra pills and then go to the beach?
You will feel much better!