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Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?


To: Tommy Dorsey who wrote (8193)5/24/2000 4:50:00 PM
From: X Y Zebra  Respond to of 9427
 
True...

But if...

a) You are Not sleep at the switch then you would buy back the put position, (assuming the 15 pt. fall) was not a "gap down" in a single gulp.

b) the same risk is taken in the initial strategy, except you do not get the benefit of the premium.

Never implied a riskless position.



To: Tommy Dorsey who wrote (8193)5/24/2000 5:04:00 PM
From: Augustus Gloop  Respond to of 9427
 
Roflmao



To: Tommy Dorsey who wrote (8193)5/24/2000 5:15:00 PM
From: J.B.C.  Read Replies (2) | Respond to of 9427
 
Tommy,

Does the "Daily Equity Report" appear in the "pro's" version of DWA? Reading tomorrow's "From The Analyst" re: QCOM.

Thanks
Jim