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To: AllansAlias who wrote (50688)8/19/2002 2:40:29 PM
From: Johnny_Blaze_420  Read Replies (2) | Respond to of 209892
 
legging into the following puts:

nvda sept 12.5
msft sept 45
c sept 30

will probably sell them on the next pullback as i don't think we're out of the "buy the dip" mentality.

My only concern is what if the short the top crows have gotten overly excited and will just keep on getting squeezed.

I still haven't seen that blow off top yet which i'm waiting for to committ a much bigger % to puts. This whole upward move looks too suspect due to the relatively light volume.



To: AllansAlias who wrote (50688)8/19/2002 4:05:01 PM
From: NOW  Respond to of 209892
 
All i was thinking was the latter: 5 waves in, decent place for a pullback hence yes, grab a quick ST short perhaps to last gap?


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