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


To: Jeffrey S. Lillie who wrote (25566)1/22/2003 5:56:29 PM
From: LTK007  Read Replies (1) | Respond to of 30712
 
No you didn't give a wrong impression. But was referring to your distress for selling too soon in October.PaxMax



To: Jeffrey S. Lillie who wrote (25566)1/22/2003 10:01:51 PM
From: mishedlo  Read Replies (2) | Respond to of 30712
 
The problem is you were risking a lot of $ playing for a 20 point bounce (max) in the midst of a huge plunge.
That does not seem like good RR to me.

It looks like you get a repreive tomorrow and I hope you do.
I felt like an idiot closing my index puts when we tanked into the close.

Hoping for 890-900 to reload but I sort of doubt it.
Perhaps you score big and we run up into SOTU address.

Good luck.
I really want this bounce although I am net short.
I was enormoushy short but covered most today.

M