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To: Boplicity who wrote (4686)9/7/2000 8:10:38 PM
From: Jill  Read Replies (1) | Respond to of 13572
 
I know. But this week seemed sort of planned to me: we had an Aug rally, then a post labor day downgrade of INTC to bring back the NAZ, two days of selloff to pick up bargains for a nice bull run. Down Tue and Wed, up Thur & Fri.

Altho I guess volatility is the name of the game here, which is good when you want to position trade options.

I do regret not picking up more NTAP common than I did at 69. That was a steal, as Downsouth noted when I said I'd gone long NTAP that day, he said you stole it. I should've stolen a lot more.



To: Boplicity who wrote (4686)9/7/2000 8:12:48 PM
From: Poet  Read Replies (1) | Respond to of 13572
 
Greg,

I'm interested in all this NTAP talk. I love the stock, but have to say that it ran up too damn hard today. I'm looking to buy it again, and soon, ten points lower from here, maybe more. I like bp's idea about keeping some shares for trading, some for a long term hold. Its volatility absolutely drives me crazy. As a matter of fact, I sold it out of our IRA's this morning and will be substituting it with QQQ shares (and writing monthly covered calls) to regain my sanity.

BTW, NTAP now has LEAPS, a good way to hold it if you buy on a pullback.