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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TechTrader42 who wrote (28882)1/30/2002 3:38:51 PM
From: Lee Lichterman III  Respond to of 52237
 
Agree, I am not sure where we are going either. I am comfortably boxed here long the 2004 GE 30s and short the Jun 40s so I should do well either way unless we drop below around 34. Ideal scenario would be to climb just shy of 40 so I can take a 1-2 point loss on my shorts while making 4-5 points on my long. Limits my upside but I like insurance when I am not sure what is going to happen short term. -g-

PS - No one should follow me as I did this spread off the top of my head and haven't checked the numbers all the way through yet.

Good Luck,

Lee