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To: Poet who wrote (340)5/16/2000 2:52:00 PM
From: TradeOfTheDay  Read Replies (1) | Respond to of 10876
 
think there was volatility enuff for us all... you could get whatever it was you wanted all in the space of about 5 minutes!

was watching the SP futures and my head was spinning

made nice profits on all the OEX puts....

and Poet, I was glad I sold most of my longs this morning too !

now what to do next.....I am TOTALLY discombobulated



To: Poet who wrote (340)5/16/2000 3:22:00 PM
From: Mark Z  Read Replies (1) | Respond to of 10876
 
In the "Don't do as I do, do as I say" department...

Had I waited an hour, I could have bought back the puts for 10 1/2 and the calls for 11 3/4 or 22 1/4 total nearly doubling the profit. Reinforces the need for discipline/patience!!


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