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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (160177)	4/16/2002 10:39:02 AM
From: yard_man	Read Replies (1) \| Respond to of 436258

RE KLAC and AMAT: I quit playing with fire -- earlier in the year -- easier targets -- heck, I think you can still short or put CAT right here and make money. Something bad is brewing here -- no way I'd trade this bullish -- a few calls is fine, but folks going long ought to be careful -- INTC reports tonight-- look at the swings we've had since last monday. Today is anything but an all-clear, IMO ... divergence between real and implied vols is reaching a crescendo of sorts, I think. Glad I rolled DJX puts down yesterday ... the lower strikes are toast, but I got some pretty decent profit from a DOW swoon that nobody thought would happen.