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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (4269)	8/11/2000 3:45:46 PM
From: mishedlo	Read Replies (1) \| Respond to of 30051

RMBS did not seem to want to drop below 66. So I took what I could get. ggg Sorry I missed this morning's action. These options I hold until they expire or rocket up. Do not intend to trade. So I had to get in low. A re-test of 62 I do not mind, but I do not think is coming, unless it happens in the next day or two. I believe it will hold. Otherwise 55 here we come and I buy some NOV 60's. That is how I am playing it. I just have to believe the bu$$ will hit $100 by Autumn.