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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (35762)	1/28/2004 9:45:05 PM
From: yard_man	Read Replies (1) \| Respond to of 36161

sure it could stay weak through March -- I am just saying that I don't expect it to and that calls makes sense to me -- and are not terribly overpriced for making that bet. if that's my conviction (good rise by March), I am actually wrong and I buy June calls instead, I could get lucky (stock could rise AFTER march expiry), but I would still be wrong (about what happened before march expiry). <g> Doesn't that make sense?? -- if I thought it would stay weak until March but might pop by June -- I wouldn't do anyting NOW <g>