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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lee who wrote (114)1/21/2000 4:20:00 PM
From: Zeev Hed  Respond to of 30051
 
I think you are right. Kicking myself for not getting back into JNPR when we last discussed it (waiting for $270, now 90, which never happened <G>). New all time high today. I would have gotten vertigo at the old high anyhow..., I also took a $1.75 loss on RMBS, I thought the volume spike might have been an indication of bottoming, but I read it wrong, it must have been an institution bailing out. There might be more blocks like that weighing on the stock. A straddle would be a better bet than a straight call if that is your game.

Zeev



To: Steve Lee who wrote (114)1/24/2000 7:28:00 PM
From: Mark Johnson  Read Replies (1) | Respond to of 30051
 
<Sold the VLNC Feb 20 calls at 4 1/4>

Too bad, Coulda' got 5 7/8 today......



To: Steve Lee who wrote (114)1/26/2000 10:01:00 PM
From: Mark Johnson  Read Replies (1) | Respond to of 30051
 
<<Sold the VLNC Feb 20 calls at 4 1/4>>

Ouch!! Coulda' got 11 1/2 today....3 trading days later...



To: Steve Lee who wrote (114)2/8/2000 7:04:00 PM
From: Mark Johnson  Respond to of 30051
 
<<Sold the VLNC Feb 20 calls at 4 1/4>>

Those Feb. 20 calls are 15 3/4 bid today....What do ya think of the March 40's for $5.00