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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?


To: Monty Lenard who wrote (43937)11/30/2000 11:38:55 AM
From: chic_hearne  Respond to of 77400
 
MSFT should bounce about 59 3/8 but it is going to fill that gap at 54

I kind of modified our trade on that one. Since it's getting near December expiry, I dumped all of them and didn't cover the January's. If you've been following the Clown free zone, I was buying puts on them for about 6 days straight last week and this week. 'Bout time that sucker gave. I made 9 put purchases alone on that pig.

I want to get back into Crisco, but the prices are absurd. I got better prices the day of earnings with the same time frame in mind!!! Jan 50 is 5 1/2, Jan 47.5 is 4 1/2, Jan 45 is 3 1/2. That's way too rich for me.

I see I covered softie about a point too early. As I posted to bambs this a.m, when I close out looking for a bounce it means we probably go down more. -ggg-

Oh well, it's a hell of a profitable day if you've been waiting for INTC and MSFT's death for the past month.

chic