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

To: Zeev Hed who wrote (50751)	4/12/2002 1:05:37 PM
From: orkrious	Read Replies (1) \| Respond to of 99280

Took KLAC off the table for just few pennies at $63.12 . KLAC is breaking down. It's a great short. MOMOs have pushed it up to where it could fall 15 points and still be over priced. Changing subjects, Roach has an excellent piece out today. morganstanley.com

To: Zeev Hed who wrote (50751)	4/12/2002 1:49:46 PM
From: mishedlo	Read Replies (1) \| Respond to of 99280

Hey Mish, Zeev has Mid May or so as the top, the tankage has a nominal low in June (28th plus minus three days, probably the plus side since the rally is being delayed). Took KLAC off the table for just few pennies at $63.12 . Zeev Thats what I thought. I have Mid-May as the bottom, wuth huge rally starting memorial day tuesday. ggg One of us has to be wrong. Both of us? At any rate I bougt 5 ITM KLAC puts when it was about 64.3 or so. Took 3 off the table at at 63 and still holding 2 here at 62.5 or so (Hoping to hold them overnight but will take them off at 63+ perhaps). M