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

To: Uncle Frank who wrote (9440)	10/24/2000 10:05:53 AM
From: mtnlady	Read Replies (1) \| Respond to of 65232

I have not yet set an exit point with NTAP. On one hand the stock has a huge PE on the other it's been running like crazy. I will, most likely, sell it when it surpasses my strike prices. But I will look at NTAP's chart and get a feel for the market as a whole. These are not LEAPs so I'm leary about keeping the options for too long. I also know that NTAP runs up like crazy but then falls quite a bit (at times) from it's lofty heights. On the other hand NTAP held up quite well during our last market drop. A hard stock to figure exit and entry points for sure - unlike SEBL. I am playing my NTAP 'by ear' for right now. I have 160-170 'roughly' in mind. What about you UF? What do you hope to get by weeks end with NTAP? Perhaps a small run into the 150's? What is NTAP's history just prior and post earnings? FYI my SEBL I will start selling mid to high 120's (if it gets there this run) and then re-enter again at a lower point. I will look at SEBL's chart and the market as a whole though before selling. I am in no hurry to sell. If the market, and SEBL, still look strong I may pass up this next sell point and wait for another opportunity at a higher level. I will have to take everything into consideration when we get to the 120's. If SEBL looks like she is topping out I will sell. Unfortantely I am not as good at reading NTAP :(