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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: Findit who wrote (20849)7/18/2001 1:28:47 PM
From: Zeev Hed  Respond to of 30051
 
I am not ready with ADCT yet, the timing is still "wrong". In the meanwhile, I could no resist doubling up on MERQ here at $32.62, I had the additional GTC at $32.30, but I became "impatient". At least MRK came back well above $65, and I had to decide whether to rwrite those $60 calls, or dum it here for the time being, I decided to dump since i still think the market is going to go much lower, and MRK will breach $60.

Zeev