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

To: Jerry Olson who wrote (14750)	11/18/1997 8:52:00 PM
From: Hans	Read Replies (2) \| Respond to of 50167

Jerry, Asia in the pits again. I'm liking the way Judy calls these rallies (a putting opportunity), cause I see a rally and get irrationally exuberant. My KLIC nov 35s had tripled at one point, now looking pretty worthless. Perhaps we'll get a run up to 35. Overpaid for dec 40s, but they are looking better. Also overpaid for apr 40s, but 50+ will still return a nice profit. IFMX jan 7.5s looking up. Unfortunately, I chose to sell nov 7.5s against them. Seeing as the company loses money big time, and has a past history of three day rallies (like last summer with the 12.5s), and with expiration coming up, I'm hoping for a drop down to 7.5 friday. The thread is mostly bullish (what else is new?). INTC nov 80s looking awful. BORL collapsed today. I got a very partial execution on nov 12.5s leaving most to expire worthless, but dumped nov 10s at the peak lessoning the loss on that front. Be afraid (or was that careful?) hans