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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (11034)2/12/2001 8:44:07 AM
From: Bosco  Read Replies (2) | Respond to of 30051
 
Hi Rich & all - yikes, between EMLX and CPQ, hard to see there is any bounce oppty!

best, Bosco



To: Rich1 who wrote (11034)2/12/2001 12:03:09 PM
From: mishedlo  Read Replies (2) | Respond to of 30051
 
Closed my EMLX PUTs on FRI :(
But waht a beautiful day to unload CIEN puts and EMC PUTs held fr 98 on CIEN and 78 & 72 on EMC.

Currently playing for a DCB on BRCD EMLX NTAP PWER AVNX but I not liking it so far at all.

M



To: Rich1 who wrote (11034)2/13/2001 1:54:18 PM
From: Zeev Hed  Read Replies (1) | Respond to of 30051
 
Well, Rich, just to break even on EMLX despite my doubling up at $38 (my first "batch" was at exactly twice as much <ouch>), I need $50-5/8 and for a break even on QLGC I need $56.2 (probably doable before th end of the day).

Zeev

In edit, I am out of QLGC here at $55.5, a loss of $.7, mitigating about 1/3 of the damage inflicted in the trio. I also just sold CYMI at $26.25, just a $1.25 gain, and CMRC got jettisoned at $25.125 for $1.25 gain. I feel the rally is already dying a day ahead of "schedule".