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


To: Condor who wrote (29787)11/22/1999 12:04:00 PM
From: IQBAL LATIF  Read Replies (3) | Respond to of 50167
 
Condor.. the best way is our way.. we keep scrapping trades like IBM ORCL and out of monies on AMAT instead of buying stocks at these levels or deep in the monies.. I still think that this is market which will consolidate between 1382 and 1474 area.. this is high level consolidation and this has been the case with this market from 750 break, I have been with this market and I am privilaged to enjoy it to the hilt, however it is important for an option player to take his profits and re-establish strong positions.. I am now loking at 1414 break to buy 1380 puts or I will look at MSFT INTC CPQ HWP MO T to play hte market on long side.. with strictly out of the monies.. that is what i am doing the bond weakening is something that has to reverse.. AS far as that link is concerned that guy has made brave judgement..my hats off to him to say htat.. he will thrown out as the tradition is..gg