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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (13928)11/10/1997 6:48:00 PM
From: Darth Trader  Respond to of 50167
 
<<<you going to close your IBM puts at 96ish or wait to see if it can break 95?>>

It sounds like you feel that IBM is going to $96?

I closed half my IBM puts this afternoon, but will buy back if market continues weak. With this market volatility a guy (or gal!) could be flipping these options daily.

Don't look for any market leadership from the tech or the oils. Maybe we will have to wait until the retail sector posts strong Holiday sales!