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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: iowamann, Spam Queen who wrote (39913)7/13/2001 11:57:38 AM
From: stan_hughes  Read Replies (1) | Respond to of 100058
 
Iowa - Not yet short EBAY (see my post to shoreco yesterday afternoon). The big rally materialized while I was reviewing my plans, and it seems logical to me to try to take advantage of a higher entry price if I can get it.

If you're keeping score, I'm waiting for a little push up under 70 to buy the August 70 puts. If it doesn't come in the next day or so, I may enter regradless. I still think it's going downtown and I accept accountability for my remarks when I said at 63 I thought it would see 53.

Of course, I could be wrong. That's what the puts are for, they limit my risk. What's for breakfast?



To: iowamann, Spam Queen who wrote (39913)7/13/2001 12:01:11 PM
From: stan_hughes  Read Replies (1) | Respond to of 100058
 
Iowa - My recollection is that the day RMBS lost their lawsuit and tanked, I posted that I was trying to buy it around $7 basis a measured move on the chart, and you gave me a lecture about why it wouldn't trade that low.

It's not important, and cetainly not worth the time trying to find the post IMO. I think you were just trying to be contrary that day, very unusual behavior for you LOL