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


To: Boplicity who wrote (10091)10/27/2000 11:43:04 AM
From: George Schulte  Respond to of 65232
 
GREG You are absolutly right I even got a good laugh out of your comment the mkt is running around headless today no body knows what to do 1 minute they are selling JDSU and Fiber the next minute buying thank you for uplifting my spirt George Schulte



To: Boplicity who wrote (10091)10/27/2000 11:54:00 AM
From: Dalin  Read Replies (1) | Respond to of 65232
 
This is weird today. Right at the open, my JDSU calls were bid up, like they should have been. Immediately (within 5 minutes)they dropped to yesterdays level. I had no chance to sell any....they were now trading lower then yesterdays close, and JDSU was still at 83. What the f#%k?

I didnt like what I was seeing....sold my JDSU, NTAP, and RMBS longs, I got yesterday near their lows, for a nice profit, and sure enough......good move...got em back much lower again.

Now...JDSU is still up 5, and those calls are cheaper then when I bought em yesterday when JDSU was under 70. Go figure!

I dont get it! I guess thats just a whole different market, and thats the way it goes sometimes. It sure told the story of what was gonna happen though.<g>

Regards,

:0)

Dalin@learningthehardway.com

EDIT: Well at least the market is coming back now...maybe the calls will come up now....and the heck with it....I'm gonna hold em all for a decent fall rally.

:0)

D.



To: Boplicity who wrote (10091)10/27/2000 12:05:47 PM
From: Venkie  Read Replies (1) | Respond to of 65232
 
I am having a hard time holding ntap...20k for 1 day but I am greedy and want 140 which is aprox 30 k