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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (28478)	11/14/1997 8:34:00 PM
From: giddy guru	Read Replies (1) \| Respond to of 58727

//gg// Hello O.J., The market is punishing anyone who is long. Those with an iron stomach and deep wallet will survive at the end. I got bruised in my LEAPS and hope they will come back. Just doing my daytrading and boy that is very hard in these days. Market turns around too quickly to get any read. CPQ looks good. May hit 70 by the expiry. Semi and equipment stocks jump up/down so fiercely. Banks get killed. May be we should buy Walmart. I guess that is the only Dow don't have any exposure to Asia or Latin America debacles. Stocks seemed to be less punishing than the options on any timing errors. Hang in there. We all will survivie at the end with a little more or less. /gg/