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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: moufassa7 who wrote (2745)	12/13/2001 5:41:15 PM
From: Softechie	Read Replies (1) \| Respond to of 13660

QLGC BRCD EMLX NTAP will die big time!

To: moufassa7 who wrote (2745)	12/13/2001 5:41:34 PM
From: herry iball	Respond to of 13660

QLGC below 52 AH. (51.65)

To: moufassa7 who wrote (2745)	12/13/2001 6:26:15 PM
From: James C. Mc Gowan	Read Replies (1) \| Respond to of 13660

Moufassa: QLGC, yes I see the formation. FYI MaxPain for both Dec01 and Jan02 is at 45 strike currently There isn't a lot of money to be lost btw 45 to 50 Strikes, however. This is small change, so probably will exert minimal downward pull, but something to consider. Would you play a straddle on this, with expectation of a 5 point swing? Or just wait for confirmation on price and make your move long/short? All things considered, short/puts looks tempting. Got to watch for those bear traps laying all over the place these days, however,ggggg Regards James Edit: ORCL spin, here it is "the bottom's in, tho one can never tell" says CFO Henley dailynews.yahoo.com