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


To: Pedro Joaristi who wrote (26766)12/21/2000 3:28:29 PM
From: Dealer  Read Replies (1) | Respond to of 65232
 
I added a couple of April 40 calls this afternoon. Paid 2 1/2. They are down to 2.

Ouch!! Almost cut myself on the falling knife.....

dealie



To: Pedro Joaristi who wrote (26766)12/21/2000 3:28:33 PM
From: RJL  Respond to of 65232
 
Short-term oversold perhaps, but still overvalued. I'm still shorting it on/off until it hits 2-3/share.

Feb 30's or 35's calls aren't a bad idea if you think it can bounce with the rest of the market.