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To: IQBAL LATIF who wrote (30361)1/5/2000 3:38:00 PM
From: Lee  Respond to of 50167
 
Hi Ike,..Re:.am looking at IBM.. I have 115's

Congratulations! <g> I'm holding the 120s and happy. I noticed I said in previous post they were 130s but that was the MOT options. <g>

I'm watching BKX because also holding CMB Jan 80s too. Not doing well! <g> But I thought that after the new year, some might be interested in beaten up or value goodies so I jumped the gun on CMB. Thought about doubling down but too risky now. <g>

Have had a lot of success following your guidelines about OTM calls in the current pricing environment. Thanks.

Best,

Lee



To: IQBAL LATIF who wrote (30361)1/5/2000 6:36:00 PM
From: Roebear  Read Replies (1) | Respond to of 50167
 
IKE, O/T

I am looking for good weather sites for France, preferably with forecast, current conditions and "almanac" (normal temps, seasonal temperatures and precipitation) information available. If you have or use any I would appreciate your indulgence in posting them to me.

And thanks as always for your great job on market levels and supports.

Best Regards,

Roebear



To: IQBAL LATIF who wrote (30361)1/6/2000 12:42:00 PM
From: James C. Mc Gowan  Read Replies (1) | Respond to of 50167
 
Good Day IKE: re-reading your post regarding the BKX at 2 year support level; what do you think of buying some OTM Calls on the BKX.
I was looking at February 750's, but I would appreciate your advice, as I know you like to go out further with the OTM's, assuming(my assumption/hope) that you also believe that the Banks can move up from here, even with the Fed February meeting looming. Seems that a 1/2 point increase is already factored in; maybe the oversold BKX is worth a try?
Thanks as always for your levels.
Regards,
James