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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Marshall001 who wrote (110602)	3/10/2004 4:14:51 PM
From: SI Bob	Respond to of 208838

You and me both on those puts. I bought puts when SEPR rocketed through 40 but they're still a long ways from break-even for me. Another day like today should just about do it. But like you said, it's defying gravity. And though it did come down a bit today, it did it on relatively low volume compared to the volume that fed the roughly $20 gain. I think it's going to keep defying gravity until either the huge number of ITM calls get exercised or lots of people finally decide to take their enormous profits while they can. Also have some JNPR puts and it sure was marching to its own beat today. Ugly day for the market but JNPR regained much of what it lost yesterday.