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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Rich1 who wrote (5517)3/15/2001 12:18:47 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 15481
 
R1,
Look at the price/volume chart. There is massive volume today. I think you are seeing a bottom being set. If RMBS or an analyst comes out and counters the finding, the puts may wind up worthless with just a couple dollar pop.

Personally, I would sell em and take the cash, but I could very well be underestimating the strength of the selling.