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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (2806)	4/4/2001 10:03:51 AM
From: rolatzi	Read Replies (2) \| Respond to of 23153

I'm holding my KREM puts for a while also. I think tomorrow is the first day that can be traded post lockup and I would like to see how the stock trades into it. It is not yet oversold but may be in a day or two. The pattern lately is when a stock becomes oversold, it just stays oversold. Also, there is a second expiration of lockup in May. If you are holding May puts, they will take you through that period nicely. SBUX (another put I hold) is giving nicely this morning. It had been very strong over the last few days, opening up every morning for the last week or so and fading in the afternoon. Today it opened down. It just broke down from a pennant and is again below the 200dma. Its stochastics are neutral but rising. It has a way to go to retest its ascending line of support at around 38.5. I have also put COF which has a very similar chart to SBUX and also giving this morning. It shows the same pennant formation as SBUX wits descending line of resistance going back to February 7 and a shorter ascending line of about 1 weeks duration. It is, however, overbought. It has support at 46.9 and is currently at 52.4 down over a point. I've noticed that these nontech stocks do better when the NAS is crashing. Since so far today the NAS is only down moderately, they are doing much worse. Just to let you know that I'm losing money on my core holdings of biotech and E&P. I cut back over the last few months by over 50% on my E&P and ES stocks but didn't expect quite this much carnage in my small cap energy stocks or my biotechs, which have no earnings so can't disappoint. rolatzi