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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?


To: Windseye who wrote (69012)10/17/1999 10:27:00 AM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 97611
 
>> as long as I can find a reasonable CALL to cover a few more bucks lower<<

Could you explain this trading theory in a little more detail? We are intrigued.

TIA

Duke



To: Windseye who wrote (69012)10/17/1999 10:31:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 97611
 
Windseye-- agreed, in a rising mkt. If things turn 'worse' is possible. They saw 20 in a runaway mkt so how low can they go in one dropping??? Puts/calls/ long/short I do not think I'll be interested in doing anything more with this one--- ever.
The DOW dropped around 2% on Fri and CPQ drops 5%... a whole lot of confidence,,,