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Technology Stocks : Oracle Corporation (ORCL) -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (17425)7/24/2002 10:22:08 AM
From: MeDroogies  Read Replies (1) | Respond to of 19079
 
Well, I'm not in the money yet, so I'm holding. The buying is weak, but not weak enough to indicate a turn in trend.
Should have sold some more puts at 1.45...but I was concerned about the overall market.

The waves of selling seem to be diminishing along with the size of the rallies. Market is very schizophrenic.



To: robert b furman who wrote (17425)7/30/2002 1:55:21 PM
From: MeDroogies  Read Replies (1) | Respond to of 19079
 
Ditched my ORCL Aug 10 puts today at .6 (I was holding out when I saw it fly by .7). Sold at 1.20, bought back at .6....nice gain.
Not getting rich from it, just a scalp, but it keeps me flush.

Starting to set up for selling the 10 calls to ride it back down.