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

To: Alan Smithee who wrote (29578)	11/25/1997 5:28:00 PM
From: Electric	Respond to of 58727

DSG, It was me, thats correct.. I think that it is a total candidate for it.. Look at the chart, it bounces off of 108-110 alot and hasnt penetrated. I am taking a market breather, but watch.. if it tries to push to 108++ it will back off.. I might get into it but I was really stung last month..having to regroup. IBM has had alot of hooplah recently, watch it I will keep you updated on it. No way it passes 108-110 of course JMHO..lol E

To: Alan Smithee who wrote (29578)	11/26/1997 7:34:00 AM
From: Kevin	Read Replies (5) \| Respond to of 58727

>>>Was it you who was posting about going long puts on IBM when it gets up around 107-108? It closed at 107 3/8 today.<<< Yee Haw! Time to dump my Jan 100 calls. Up over 45% on 'em and making a tad over 3K <<<g>>> I'll probably close out my April 50 T calls (or at least some of them) today. Up almost 75% and almost 5K on these. I didn't pound my fist and scream and shout like OJ does, so I'm sure nobody joined me on either trade :-( I'm liking these 'longer term' options that I've entered over the last few weeks, David. Takes alot of the worry out of the position. Take care. Kevin