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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 (25985)	1/24/2003 12:13:37 PM
From: SGJ	Respond to of 30712

<<<<However, it's pretty dangerous for most folks to try to do what you're doing>>> amen

To: ajtj99 who wrote (25985)	1/24/2003 12:14:52 PM
From: Jeffrey S. Lillie	Respond to of 30712

aj thanks for looking out for me. i appreciate that. one thing that stinks about today is my plan said sell calls into any rise in first half hour, then buy puts. well we gapped down on spx to about half way to where i thought bottom for today was making it not worthwhile to hedge of the calls with puts. well the puts are up 15 from the open and calls are down 10. so had i gone ahead and hedged despite the down open i would be ahead 5/2 =$250 contract instead of losing $1000/contract. ARGHHH! j life is much better when the markets do what i plan on them doing ahead of time (ggg) j