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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Joe NYC who wrote (31023)3/9/2001 10:43:37 AM
From: redbirdRead Replies (1) | Respond to of 275872
 
I had sold Oct 35 covered calls in my IRA account and bought them back this morning. I did not expect to earn money on them this way, and would have liked to have them called. I am still holding the March 27.5's bought just at end of day yesterday. I know we only have a week, but they are not worth selling right now. Also, there is still a 50/50 chance we will start to run again this afternoon. Already 4.5 Mil shares traded. Once we pass 6 Mil, the price usually starts to turn.

Redbird



To: Joe NYC who wrote (31023)3/9/2001 10:46:25 AM
From: niceguy767Respond to of 275872
 
Jozef:

Nice trade...but don't bet on Nas below 2000...Sound performing companies like AMD and IBM are making good returns even in the currently weak environment...Value plays like these should provide a technology boost (I know they don't trade on Nas) now that INTC, the last shoe to be dropped, has come clean!!!



To: Joe NYC who wrote (31023)3/9/2001 11:48:28 AM
From: eplaceRead Replies (1) | Respond to of 275872
 
Joe, I was planning to sell covered calls again today on an uptick over 26.

Da*! Intel put a wrench into those plans. This market could be all over the place this year and will probably limit the upside for AMD. Fricking INteL sure knows how to wreck a good trading idea.

Regards
Ed P.