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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (27761)	7/24/1999 2:43:00 PM
From: IQBAL LATIF	Respond to of 50167

KM--- <<I will be long above 2320 and 608 on DOT and short below 1367 on SPU with a stop at 1376..I will cover my short at 1356 area.>> On break of 1367 I had purchased 1340's long puts and covered them around 1361 area for a profit of 60 cents each contract only, I had guests at my place and they were invited at 8.45 PM, one of them turned up on time, now it would be rude to watch the market so I decided that let me close this position although I was sure that I would see my 1358 level on SPU and a rebound, I think in last 45 minutes before it spiked we did ring 1358.. but I was out by that time. Weekend I am out but 1358 was a classic level..