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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (7157)11/6/1997 4:34:00 PM
From: Bilow  Read Replies (1) | Respond to of 18056
 
Hi Bonnie. Ever notice how the bulls only post on Kahuna when
the market is up 100 points?

I sold my WLA puts (WLAMG) for a healthy profit, and bought
YHOO puts (YHQMH). I managed to time it while YHOO was
still up for the day, and the bid is already higher than my
purchase. :) Unfortunately my unvested stock options lost
$15000 for the day. :( It is just not possible for me to hedge
those dam things.

P.S. Zeev Hed's predictions are scaring me. I really could live
with a market that stayed at its current levels for ever.

-- Carl