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To: PJr who wrote (9490)2/6/2006 3:11:32 PM
From: GROUND ZERO™  Respond to of 12411
 
HI Pat,

Well, my initial short is at 1275.50 and my second short is at 1265.50 on Friday's close... I'm just taking a third short here at the unchanged level because my other two positions are covered with short Puts and I want to give the downside every opportunity for a profit just in case we fall from here... so, I'm going to have a naked short (can I use that word here?) contract just in case...

GZ