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To: Lucretius who wrote (65757)2/8/2001 10:31:54 AM
From: yard_man  Read Replies (1) | Respond to of 436258
 
Changed my mind about CSCO -- I think calls are in order

biz.yahoo.com



To: Lucretius who wrote (65757)2/8/2001 8:09:16 PM
From: mishedlo  Read Replies (2) | Respond to of 436258
 
Who are these clowns buying every dip, anyway?
Hell, they were buying IBM at 118 and it did not even dip.
Good move, huh?

Once again there was no fear today as the TICK count could only muster up a pathetic -640, and the VIX was quite well behaved. That says ............ we keep going lower, bit by bit if need be.

Well this stupid market with all these dipsters has me daytrading PUTs now, as if swing trading was not hair raising enough. LOL. I would just assume have the damn crash so I do not have to think.

I got EMLX almost on the nose today. Bought PUTs at 84 and sold at 75. WEBM at 78 and sold at 74, and NEWP at 77 and sold at 73. For 50%, 24% and 15% gains or something like that thereof. I somehow feel screwed on EMLX. I think I paid too much to enter (I bought in the money PUTs and had a drop of nearly 9 points but only picked up half that on the sale).

I also bought and sold RIMM puts out flat. (still holding a core position though).

My best play has been LTBH EMC puts. From 78 and 72. It just keeps dropping dropping dropping. Thanks to Earlie on this one. He is missing out on some nice gains cause those EMC PUTs were cheap. Should have loaded up the truck with them.

I hate this pressure all these stupid dipsters are putting on me with CIEN(holding a big position on CIEN from 98 and 92 and it simply refuses to drop any further), EMLX, and especially RIMM. I am not sure RIMM is worth the aggravation. The dipsters buy RIMM and push up the price every day except those that start down and stay down.

I did buy ANF Puts yesterday (strike 30's from 31) and these were quite cheap as well.

Get EMLX to rally and I buy those PUTs back again tomorrow.
We go to hell in a handbasket after expiry me thinks!

M