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To: Teflon who wrote (3584)	2/25/2000 7:03:00 AM
From: edamo	Read Replies (1) \| Respond to of 8096

teflon....jdsu and qcom... agree with your analogy on put selling.....only caution is that the momentum of jdsu will eventually break as it did in qcom. nothing is easy....but a successful strategy i used with qcom was selling at or below the money on intraday weakness, which allowed a rapid closing and reopening of positions. in essence following the stock up point by point without owning a share......short term put selling involves a great sense of momentum and knowledge of support and resistance levels of the underlying... good luck...ed a. p.s....i sense the momentum returning to qcom, and the ignitor may be a resolve of china wto situation...risk yes, but worth taking atm or lower positions at least starting in july...