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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?


To: Blue On Black who wrote (2430)10/22/1997 7:42:00 PM
From: Druss  Read Replies (2) | Respond to of 4339
 
Lee--I appreciate what you are saying but there are alot more stocks than friends in this world. In addition to not wanting to go make a move against a friends position there is in this case the stinky dog factor.
I don't like to take positions in stocks I view as having explosive potential the opposite way. Good news in DDIM, Zitel, or CyberCash could cause a small runup. Bad news could tear them right out of the stratosphere where they are now. A quality company like CREAF or DGN can be dangerous to short for opposite but equally painful reasons.
All the Best
Druss



To: Blue On Black who wrote (2430)10/23/1997 2:09:00 AM
From: John Leach  Read Replies (2) | Respond to of 4339
 
Lee........or is it lee........

I'm with you......yes, it's fantastic for all those CTXS fans, but you and I both know there will be some profit-taking setting in soon.....all that run-up was not just long-term investors......I think it will touch 71 by weeks end......at least briefly......

What do you think about puts on NSCP?

Any other puts/shorts you are looking at?

John