SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CMGI What is the latest news on this stock? -- Ignore unavailable to you. Want to Upgrade?


To: McNabb Brothers who wrote (9820)6/11/1999 11:01:00 AM
From: Brian Malloy  Read Replies (2) | Respond to of 19700
 
Then is it fair to conclude that you are still on the sidelines with regards to the semis?



To: McNabb Brothers who wrote (9820)6/11/1999 11:07:00 AM
From: larry  Respond to of 19700
 
Hank,

Agree with you. I only trade in very short term right now. ONly long term positions are in MSFT (wrote puts), and DELL (wrote leap puts). Have YHOO! position which is also hedged. Shorted AOL this morning at the open and covered with a 5 point gain. Going to play golf right now and have a buy order for AOL in double digit.

It's a little nice strategy to buy AOL when next the resistance is penetrated and sell at the next rally. Typical play for stocks making lower low and lower high. However, beginning in July, I expect YHOO! and AOL come alive. BTW, I also have huge amounts of CMGI, YHOO!,and AOL naked puts I sold a while ago. The premium was great and I have yet to cover the position back...

later,
larry!