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To: Archie Meeties who wrote (41203)6/21/2000 2:11:00 PM
From: John Graybill  Respond to of 42523
 
Bought my NSM puts on the ramp! NSM trading was getting a little sparse, like they were just waiting for somebody else to do the heavy lifting. Score one for patience.

Decided on the Nov 70's. Got them at 12 7/8. Ask was 13 1/2 before the ramp, ho ho. Gonna try to write some July 65's on any quick drop in the next couple of days to make a nice little spread.



To: Archie Meeties who wrote (41203)6/21/2000 2:56:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 42523
 
rally getting into gear now....in advance of FOMC doing nothing. Al and Summers greasing the wheels with coupon passes and buybacks...