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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (12929)	9/26/2002 9:06:37 AM
From: hotlinktuna	Read Replies (1) \| Respond to of 16631

Dave....hope you sold IRF...downgraded this morning...tuna

To: Dave Gore who wrote (12929)	9/27/2002 6:21:57 PM
From: mishedlo	Read Replies (1) \| Respond to of 16631

Dave I added to S GM and CIT on the bounce. Took it off today as well as FNM from 65 or so. Took off the adds on CIT. Bought puts at 22 bounced from 18 to 20 (doubled up) and took of 1/2 at 18 today. Same with S and GM If they care to bounce these or FNM I will add back. I was stupid and attempted to play that game with ACF and missed the huge plunge. Look at S today AH. biz.yahoo.com S is a pure fundamental play in a bear market. GM is another. CIT is GTZ and I will add on any bounce. Bought puts on TYC at 17 and stupidly covered at 15 but it fell to 13. Added them back yesterday at 15. We are playing the same game in reverse. BUT if a play goes against me with leap puts and I am not overlevereged I can ride it out cause it is garbage. Longs can get 40% haircuts overnight. Right now I am quite underwater on AMZN. If it bounces more I will double up. That is insanity on something like BRCD (going long). Down 40% in two days. Pretty hair raising. At least you are not stupid enough to hold this garbage oovernight. M