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To: SecularBull who wrote (3412)2/22/2000 4:04:00 PM
From: Poet  Read Replies (1) | Respond to of 8096
 
LoF,

Yeah, it's hard for me to hang on for tax reasons too. At this point, I'm using my QCOM nest egg as a trading vehicle from which to sell puts (on other stocks) and write covered calls.

To make you feel better, I had a little ITWO which I wrote CC's on. I was called out on Friday. I thought, oh, it'll drop after it splits and I can buy it back.

Double argh



To: SecularBull who wrote (3412)2/22/2000 4:06:00 PM
From: RocketMan  Read Replies (2) | Respond to of 8096
 
Bought some RMBS puts just before market close. That stock was up 30% today, and with Greenscam talking again tomorrow, I think I can flip it tomorrow mid-morning for a quick profit. I don't like to trade like this, but this is what this market has gotten to, and will continue until after the Fed is off the headlines.


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