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To: Sarmad Y. Hermiz who wrote (8897)4/28/2004 1:07:36 PM
From: Sam Citron  Respond to of 13403
 
OT I think we've traversed the valley of the shadow of death - and survived

If we have a strong close, for a change, you could be right. But I'm not going to take it to the bank. I much prefer to lower my cost basis to 7.75, or to let the stock go at net 10.75 in Oct for a 26% 6 month gain on the combined long stock/short cc position. Either way, I'm a happy camper and sleep well at night. In this market, that's priceless.

I know you are not much for hedging but have you ever considered writing ccs?

Sam



To: Sarmad Y. Hermiz who wrote (8897)4/30/2004 3:50:55 PM
From: Sam Citron  Respond to of 13403
 
OT Glad the week is finally over. Looks like buyers are on strike.