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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?


To: t2 who wrote (26896)7/20/1999 5:27:00 PM
From: taxman  Read Replies (3) | Respond to of 74651
 
bought aug 100 calls at the close 1.5625.

regards



To: t2 who wrote (26896)7/20/1999 5:28:00 PM
From: larry  Respond to of 74651
 
Agree. And that's why I sold all my positions by yesterday morning and sold out Q early this afternoon. I have to keep asking myself why I should not go on vocation for two months and come back to buy my favorites 20-40% lower.

I am only doing short term trades now. Picked up AOL at the close and will sell into any rally tomorrow morning. I picked up MSFT 100 Aug. puts yesterday morning and it more than doubled within 2 days.

Closed the positions at 8.

Maybe I will take the rest of the year off. Unless the major indexes take some Viagra, it won't match my performance (so far this year).

good luck,
larry



To: t2 who wrote (26896)7/20/1999 5:42:00 PM
From: taxman  Read Replies (1) | Respond to of 74651
 
"this will be some selloff"

too many bears here. market will bounce up at the open.

regards