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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: RR who wrote (50242)4/18/2002 10:58:39 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
What's up RR? Hope things are getting better. I'm glad you have such a wonderful family to help out during this trying time. You've been blessed. Hope mom gets better soon.

I'm still busy with my project. Amazing stuff going on.

I got out of my shorts tonight....... just barely got out with a few $$ profit. Sure beats the heck out of taking a loss though. All cash now & might be going long some tomorrow.

Best to you RR.

Ö¿Ö



To: RR who wrote (50242)4/18/2002 11:16:43 PM
From: RR  Read Replies (2) | Respond to of 65232
 
Positions -

1.) Closed the QQQ April calls for average 50% profit for 5 trading days. I'll take that anytime although a few hours later they doubled. Oh well, can't get greedy. They actually quadrupled in 3 days, low to high. Love those options when you are on the right side of the position.

2.) ORCL May calls - still holding. Small position. Underwater. Will hold for now.

3.) Almost all cash.

4.) Tried to buy OEX May calls this morning on the dip to play a short term swing. Didn't hit. May have another, and better, opportunity Friday morning due to MSFT.

5.) Will study MSFT options before going to bed tonight. Let them slam it at the open and I'll look to go long MSFT calls once I see how the first hour shapes up.

6.) Expiration - sometimes interesting once the positions start to unwind late in the day. Careful. I'm not going to push any trades. Patience. Want it to come to me.

FYI.

RR