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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?

To: Poet who wrote (9615)	2/15/2001 6:19:56 PM
From: mishedlo	Read Replies (2) \| Respond to of 10876

I certainly am thrilled out my exit. My re-entry sucked 100%. I simply have no patience. Was about ready to puke (re-entered CIEN at 88), NETE at 58. Held my nose and added more NETE PUTs at 60, but scared out of my mind once again. I am EXTREMELY heavy in puts. Was even earlier on a small positions yesterday. NEVER AGAIN will I buy puts before a huge runup when stocks are that far below pain. Lesson learned. I feel much much better after hours. The question is, will they try to rally these dogs 1 more time tomorrow before we go to hell in a handbasket next week. Or did they fully get hedged today. Here's to a grim tomorrow. Look at NT after hours. CIEN after hours. M