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To: Jacktoad who wrote (22238)6/14/1999 11:22:00 PM
From: Captain Jack  Respond to of 41369
 
Jack-- that news was on my server before the bell this morning./ What great news to be wasted on a day like today. That should have been good for 5 points---- maybe it was???



To: Jacktoad who wrote (22238)6/14/1999 11:33:00 PM
From: Pruguy  Respond to of 41369
 
Well here are my thought....
1) If aol drops like it did in the last 2 days for the next nine, it it will be at zero..Thats not going to happen.
2) Can't imagine these stocks going up in the near term
3) With all the sentiment so bearish, including my own lumps, I will sell tomorrow to protect what is left of my capital.
4) I will take larger positions in the companies that I sell in Call options so I protect my downside, but maintain my leverage to the upside, which despite what everyone is saying is bound to happen to some degree.

This is what I think I will do tomorrow...I may not think this way in the morning when everything is getting hammered even more