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

To: Jerry Olson who wrote (24713)8/20/2001 9:56:59 AM
From: Steve Lee  Read Replies (1) | Respond to of 30051
 
Just increased my MU put posn by 20%. Looks like they are pricing it up slightly on this low vol so I took advantage and got some Sep 40s for $5.1

Edit - that should say 10% !

Edit2: All I keep hearing is everybody is wating for the Fed! BS. They are waiting for the people who are waiting for the Fed to start buying so they can dump more. How can they crash the market but get decent prices for the start of the selling unless vol picks up? <g>



To: Jerry Olson who wrote (24713)8/20/2001 10:02:57 AM
From: xcr600  Respond to of 30051
 
Qcharts a mess today. Decimal off by a factor of 100. Set off all my buy triggers too. Wish I could sell my current positions at these prices. ($1800 for CIEN sounds like a Blodget target.)


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