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To: bonnuss_in_austin who wrote (33833)11/29/2000 9:31:24 PM
From: Poet  Read Replies (1) | Respond to of 35685
 
Bonnie,

It looks like you've got the poot thang figured out all by yourself! What incredible timing on your Cien and other long term puts!

The best thing I can do in terms of helping is, once you've figured out which high-PE stocks to target (and I like your list), buy front-month puts, in the money, and trade in and out of them along with the waves of volatility. I focus on three or four stocks, get to know their support and resistance (which may be difficult here) and buy puts at resistance, sell close to support. You can do this repeatedly and very profitably.