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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (14845)	12/20/2001 3:24:26 PM
From: Ibexx	Respond to of 99280

My thoughts? - You meant my "unbiased" thoughts, surely.<g> Short term, all my covered calls would expire worthless (more than 100 contracts in all) and I get to keep all the premiums. Intermedite- and long-term, JNPR should survive and come off this debacle a lot stronger. Its fundies have not deteriorated, only the macro-eco recovery is missing a beat. I wouldn't mind a few more whipsaw actions like this so I get to do more option plays. However, three to five years down the road (or longer), I will start collecting and counting the chips, and they will be there. Ibexx PS: Actually, it's my opinion that the market had discounted a potential prewarn by JNPR when CIEN did its thing.