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To: kdavy who wrote (53706)	10/3/2001 3:00:53 PM
From: michael97123	Respond to of 70976

KD< Experts say 5% a year for tech. I laugh when i hear these predictions. How hard is it to imagine cisco at 20, sun at 15, amat at 45 in a year??? Nasdaq has been squashed. Stocks can go up 50% and we could still be in a bear. mike

To: kdavy who wrote (53706)	10/3/2001 3:16:05 PM
From: Sam Citron	Respond to of 70976

It will be interesting to see whether gains are sustainable in face of horrible jobless claims #s expected tomorrow am.

To: kdavy who wrote (53706)	10/3/2001 11:38:15 PM
From: Jerome	Read Replies (1) \| Respond to of 70976

KDAVY..On Topic Option strategy for this month We have 12 trading days till options expire. The twelfth day is expiration day so you might as well throw that one out. Expiration day has no logic to it, so don't try to second guess it. I did read up on the matter, and someone said that no matter how stocks end up on the Friday of expiration the following Monday stocks will open down . That you can take to the bank. Following are todays closing prices and the strike I would use for a covered call or a sell price if this rally continues into tomorrow. ...... Close....Strike AMAT...30.34....35 LRCX...17.59....17.50 klac...32.24....35 nvls...28.......35 csco...13.95....12.50 sunw....9.00....10.00 orcl...13.66....12.50 lltc...34.......35.00 mxim...38.......40.00 xlnx...26.72....30.00 Some where in the middle of next week reality sets in. The economy is still in a rat hole. Panic over how bad the earnings will be. Panic over the deterioration of the outlook At this point covered calls make good sense because I think we see a rally followed by a retracement. This is my plan...a good rally tomorrow makes this all work out for the better. Regards, Jerome