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Non-Tech : Meet Gene, a NASDAQ Market Maker -- Ignore unavailable to you. Want to Upgrade?

To: Druss who wrote (167)7/28/2000 3:23:31 PM
From: bonnuss_in_austin  Respond to of 1426
 
Thx, Druss...will do.

LOL! I must say that I think some on this board have rather 'thin skins' -- especially as alleged professional traders -- with my confrontational approach to questioning the 'sincerity' of their/your credentials. It's the journalism in me. LOL.

I spent two years on Yahoo, okay? Might give you some idea of the origins of my skepticism/cynicism about 'anonymous investors in Cyberspace' ...

;)

"b-i-a"
a.k.a. (I'm 'stealing this' from one of my Yahoo! anonymous flamers) ... "The Bonster"

###



To: Druss who wrote (167)7/29/2000 7:41:34 AM
From: Dale Baker  Respond to of 1426
 
For a volatile stock like SDLI, it's much safer to buy puts out of the money. You can buy a few contracts for $10-15 and profit handsomely if SDLI tanks like it did; but your downside is limited if SDLI turns around and goes back to 450.

I had SDLI puts as a hedge for long shares. I also sold covered calls. Didn't cover all the damage from the latest drop but I cushioned most of it.


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