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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: John Hunt who wrote (7149)10/24/1997 12:24:00 PM
From: Bilow  Read Replies (1) | Respond to of 94695
 
Well I sold my puts in TXN for a good profit. They had some
bad news overnight, along with a downgrade on some of the
other semiconductors, and gapped down pretty bad. I figure
the dipsters haven't lost all their money on this one, and both
it and the SOX are gonna rebound well. At that time I will
reestablish puts. But my gut feeling is that now is the time to
buy gold calls.

-- Carl



To: John Hunt who wrote (7149)10/24/1997 3:51:00 PM
From: Simon  Respond to of 94695
 
<<TXN down more then $12.00>> JEES, and I got a million shares. (G)