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


To: CAtechTrader who wrote (9723)10/25/2000 11:26:00 AM
From: Dalin  Respond to of 65232
 
Yep....lots of selling in the optical sector..but, someones doing the buying....I wonder who? <g>

:0)

D.



To: CAtechTrader who wrote (9723)10/25/2000 11:35:10 AM
From: im a survivor  Respond to of 65232
 
<<JDSU should do well in its report and the houses are loading up optics on the cheap having bought them from the sheep.>>

They didn't get any from this sheep<ggg>.

I did close out my INTC Jan 50's and my aol jan60's....simply because I dont want to be holding any jan calls right now. I am probably wrong to do so....if we do get a strong nov/dec rally, both sets of calls would see nice jumps, but I just don't feel comfortable holding January's right now. Meanwhile, I hold the march extr and jdsu 100's which are down like 75% in the last 2 days, and somehow I feel comfortable with that?? What's wrong with this picture <ggg>

Actually, I just dont want to be a fool and be one of those sheeps that sell in fear and lose 75% in 2 days. I am hoping, that with both companies being sound fundamentally and seemingly good long term holds, that they recoup their losses and then some, but at this point thats just hope. March is 5 months out so I am hoping and praying those jdsu's and extr's make a nice comeback.

You still buying extr in here?

Thanks

Keith