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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (13730)	11/5/2002 7:20:36 PM
From: mishedlo	Read Replies (2) \| Respond to of 30712

We say they've hedged, and they don't. They set their plan in motion tomorrow. It is precicely the unwinding of the hedge that sets in process the moon launch. Nearly every month we have reason to believe that will not happen, but only in June would you have been correct. FEB was too close to call. I have it as a "marginal win" but Augie has it as a failure. So far this yaer we have one loss by my count (on the short side) Are we about to have our first failure the other way? If CSCO sucks we will gap down and in one day get 40% of the way there. Then we chop about for a week and do the rest. I am thinking of DEC or JAN 10 CSCO puts. I am also thinking of some sort of hedge of strike 15 calls. I am confused. M