SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?


To: H James Morris who wrote (124556)5/4/2001 3:13:52 AM
From: craig crawford  Read Replies (1) | Respond to of 164684
 
>> Craig, all kidding aside its nice to see you back. <<

Thanks.

>> Go easy on the shorts this time, they're out to get you.;-) <<

Who said I won't join them? I see a lot more good shorts than longs (at least tech).

>> Oh! I'm still stuck with SUNW too. <<

I'm not "stuck" with SUNW. My average was in the high 31's and I pared my position in half after it bounced off 30 and short covering spiked it to over 33. Then I did like I said I was going to do and wrote covered calls on the rest for the last 4 months. SUNW fell so precipitously that I covered some and wrote more at a lower strike a couple of times. I do wish I would have just taken the point on half my position and then used a point below as a stop on the remainig half. Then I could have unloaded the whole position even and moved on. But I've taken in 9 1/2 points writing calls and I scalped a point on the first half so I'm down a little over a point.



To: H James Morris who wrote (124556)5/4/2001 9:31:14 AM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
"The labor market's weakness was a surprise. Economists surveyed by Thomson Global Markets had estimated that payrolls would increase 25,000 in April and that the unemployment rate would edge up to 4.4% from 4.3% in March.

"

A surprise??? To whom? Geezzz...that is all I have been talking about for the entire last month.