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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Tim O. who wrote (5881)4/3/2000 9:55:00 AM
From: Poet  Read Replies (2) | Respond to of 8096
 
Hi Tim,

I like the idea of creating a MSFT straddle. Kinda like making a silk (OK, rayon) purse out of a sow's ear. I'd heard that MSFT would probably dump 10%to 12% today, as it has. I think the FUD about what the Justice department may do will keep MSFT depressed, then depress it further when the decision is announced (no matter what the decision), as the market tends to overreact negatively to news. At that point, I'll be all over MSFT. Long. :)

But Jill, edamo and taxman, among others here, follow MSFT more closely than I, so their opinions would be valuable.

Let us know what you do, would you?