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To: NOW who wrote (115628)8/4/2001 10:45:51 PM
From: TobagoJack  Respond to of 436258
 
Dare I suggest RDN instead (now it definitely will go up) ...

siliconinvestor.com

because it does not have a rich and powerful sugar-daddy, is all dressed up, definitely alone, in the dark, waiting to be asset stripped.

Chugs, Jay



To: NOW who wrote (115628)8/5/2001 2:27:02 AM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
My advice based on experience is whenever FNM looks right it is wrong.

FNM was in a 82 to 74 channel for months. The last time It rose to 82 and fell to 80 I bought puts. Well FNM reversed and rose to 88 or 89 on me. It is now entirely possible the new channel is now 80-90.

Who the hell knows. I am in 2003 leap puts so I am not exactly in trouble but I was not happy about this turn of events. If it falls below 80 I am out. If it keeps falling and rises back to 80 I will try again.

If it rises to 89 on me I will be pissed for not bailing now and getting out. If you do go with options I would strongly suggest leap puts (near the money), so you can ride out such nonsense as I am going thru now.

M



To: NOW who wrote (115628)8/5/2001 3:42:18 AM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<Anyone paying attn to FNM here anymore: seems like the time is nearly right>>

I'm paying attention.

Disclosure: I'm LONG FNM puts...