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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (13012)	8/5/2002 12:06:12 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 17639

He nailed that...we are getting a little bounce right now. Still not worth it to me to buy back those puts that I just sold. I still have 3/4 position though. CSCO's action is very worrisome. It can be argued that any bad news is being priced in, so we may get a bounce, but I think that we are back into a situation where, if we do bounce, we need to be thinking of agressively shorting. I was planning on buying some SPX calls for the OPEX ramp, but instead, I may daytrade maxpain targets.