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To: marginmike who wrote (36403)4/17/2002 12:06:02 PM
From: AllansAlias  Read Replies (2) | Respond to of 209892
 
And I am out of the JPM straddle.

Thanks MM. They were May's, otherwise, I might have held for more here. The setup gave me what I was looking for and I am gonna move on to greener pastures.

In the wider context of the market, we have RUMX doing what Shack and I (and others) said it was setting up for these last few weeks -- a breakout of the bullish flag. In the case of JPM, it is also probing over the TL going back to Jan, 2001.

edit: I see JPM is weakening here. I would laugh so hard if my exit were the top for some number of days.