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To: mishedlo who wrote (7597)12/15/2000 3:21:27 PM
From: mishedlo  Respond to of 13572
 
I decided to take my profits and run.
I did well to lighten up on my other puts earlier when the tick count hit -1000.
RIMM is up quite a bit as is AMZN. CSCO also up 1 1/2 points from when the tick count reached the fear level.
On near-panic or panic I would have cleared them all and gone long (-1200 and -1400)

Will look to buy CSCO PUTs somewhere around 53-55.
Did not sell all my RIMM puts unfortunately.
Will add to them at 90 and/or 100.

Since we did not get to near panic, I will say thet the upcoming rally will be a weak one.

M