Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: RR who wrote (56042)	11/6/2002 8:40:32 PM
From: Cactus Jack	Respond to of 65232

RR, My same thought. A business that is in business without the frills; profits first. jpg

To: RR who wrote (56042)	11/6/2002 8:45:34 PM
From: RR	Read Replies (1) \| Respond to of 65232

In SPX Dec 925 puts today. 30 contracts from 36.00 to 40.00. SPX may have more to go up, perhaps around 940. That's where I was really trying to hold out for initially but decided to enter this afternoon. If market up tomorrow, I may add more. Large position, so must be careful. Still think ye ole market will shake the trees to the downside before options expiration. Position is way too risky. Don't anybody do this, or if you do, don't cry my shoulder if your head is handed to you on a platter, ya hear! Gurus are 50-50 from what I can tell tonight as to what effect CSCO will have tomorrow. Gurus say gap down and pooper on the way, while other gurus say still another pump up to top out, then down. I did a quick look at the CSCO report and was not impressed. Scratch my head. RR