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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: david who wrote (5986)10/21/1997 9:21:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 9285
 
Pretty good...except...

If another analyst issues a "buy" rating tomorrow, the stock will go up 30 in about 10 minutes. Sheesh!!



To: david who wrote (5986)10/21/1997 10:11:00 PM
From: Roger A. Babb  Read Replies (1) | Respond to of 9285
 
David, I think you might get slightly behind in the position for a few days. Then you will wish that you had not sold the put when CTXS falls back below 60. You best bet is for it to close just above 75 on options day and then fall later with your short still in place.


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