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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (4518)9/29/2000 4:13:24 PM
From: Dealer  Respond to of 65232
 
Freeus! Yes! I agree......hopefully right around the corner....I pray........dealie ♥



To: freeus who wrote (4518)9/29/2000 4:19:29 PM
From: Dr. David Gleitman  Read Replies (2) | Respond to of 65232
 
Hi Freeus:

Is it safe to come out now? Got a maintinence call from Schwab. Ended up selling 200 JNPR @ 222. Not a problem, I picked it up about 10 days ago at 195 and yo-yo'ed the options. Thankfully, JNPR is 80% marginable (which really means that I can only borrow 20%). Covered my margin call. Didn't want to write covered calls on my Brcm after watching it go down 10-12 points by the end of the day. This too will return. Used some of the additional money to buy INTC calls Jan 50's at 2 9/16. Hope that this isn't suicidal.

Regards,

David

Again: Happy and Healthy New Year to all.