SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: Boplicity who wrote (6880)11/21/2000 9:11:45 AM
From: mishedlo  Respond to of 13572
 
I closed almost all Puts yesterday
Still holding a few on IBM, Hand and ASKJ
I had Great profits on ASKJ (ask Jeeves) but it stayed at the low only for a few seconds

I am confident ASKJ will not get too high in this market
If it does - I will welcome the opportunity to buy more PUTs at a higher price

I closed because yesterday was a horrible day and we seemed due for a rally

I am playing mainly the short side with PUTs (just a few) unless I se somenthing really absurd (RMBS around 40 or so again)

Stocks rise - never get quite back up to where they were and then get hammered again.