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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: michael97123 who wrote (44318)3/22/2001 4:23:17 PM
From: Sam Citron  Read Replies (1) | Respond to of 70976
 
Here's my reasoning: Today's action already discounts a very favorable btb tonight. If it is somewhat favorable, we may get a "buy the rumor, sell the news reaction". If it disappoints, we may drop to 45 tomorrow. Plus we may get some profit taking ahead of the weekend.

Anyway I'm short some 40 LEAP Puts so I'm kinda hedged.