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Strategies & Market Trends : Intraday Updates, Analysis & Strategies for Daytraders -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (372)3/15/2001 3:59:59 PM
From: Jenna  Read Replies (1) | Respond to of 589
 
<UPDATE> DPMI.. gorgeous into the close, CMVT (just puts no really big exposure here) RIMM we covered a short here. Covered a short/put in ORCL not taking chance. 25 puts for March in ADBE for those who want to take the chance. For the most part it was recommended to COVER THE SHORT IN ORCL and ADBE and INTU. Only those holding put positions should consider if they want to leave 5 or 10 put contracts as a HIGH RISK TRADE.



To: Jenna who wrote (372)3/15/2001 4:07:13 PM
From: John NY  Respond to of 589
 
Good point, that's what I did today w/ QQQ. Only once, long entered my mind but that point, exactly, kept me short. I see I covered a little early by about .40, but made profit even with dress rehearsal size shares. Wow, dropping as I type...