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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (2331)11/20/1997 6:18:00 PM
From: Crossy  Respond to of 37387
 
O.Jerry,
in fact Black Monday events sent me back to August, all the performance since then (hard fought by small-cap research: TLTN, PCTH, APM) was gonre in one blow. I learnt my lesson. I will hedge my position with index puts in order to guard against overall market risk. Naz puts (or SOX puts ?? if available) should be much cheaper than puts in a single issue. Some beta-factor & delta-calculation let's me easily determine how much of those puts I would need to succeed.

KLIC looks in very good shape right now. Bought around $30 but actually could have bought at $28 as well (grr..). Anyway, I might enter IPEC again soon. This one looks good to me, as does CYMI, COHR, NANO and some others.

Hope You will recover below the line this & next month..

best wishes
CROSSY



To: Jerry Olson who wrote (2331)11/20/1997 6:19:00 PM
From: Bosco  Read Replies (1) | Respond to of 37387
 
hello OJ - good to hear (re: KLIC). I may join the pursuit if there is minor profit taking. Thx and rgds Bosco