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


To: Don Pueblo who wrote (29690)11/28/1997 7:33:00 AM
From: Kevin  Read Replies (2) | Respond to of 58727
 
Let's take a quick roll call to see who's here for a little post Thanksgiviing trading. Anyone?

Never did close my IBM calls on Friday. 2 reasons:
1) the market stayed in my bull trned for the day....even though it was flat and boring all day. I didn't plan on selling until I saw weakness in the market and / or weakness in IBM.
2) IBM hit a new 52 week high (109 7/8). I'm impressed with how IBM keeps chugging forward even through a sideways market.

I'll see how the activity looks today. I expect the entire market to be DEAD, so I probably won't make a move until next week. If IBM breaks $110, I'll consider that a breakout and I'll continue to hold my calls. If instead it declines, and / or the market weakens, I'll take my profits and run. Currently up over 70%.

I'm looking at TXN for a trade. Target $52 1/2 with a poss for $57 over the next couple weeks. Probably look at the Apr calls.

Another trade I'm considering is adding to my Apr 80 CPQ calls. I'm down quite a bit on this position currently, but do not believe that it is a bad trade...just got in too early. My avg cost is a little over 7 1/2 right now (yikes!) with the current ask @ 3 1/2. My target is still in the high 70s over the next couple of months.

I'll be back with my index levels shortly.

Kevin



To: Don Pueblo who wrote (29690)11/28/1997 9:14:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
Little Peeper
<Yes, because the woman will later guilt him into admitting that he said
something.>

See there you go....Greg admitted the man said SOMETHING...but the question is....was that something wrong...typical man...not listening......

Of course the man will end up telling her it is just her imagination anyway....so I guess you can say he never said anything to start with...

P.S....thanks to the Chuck E. who helped me with getting the drunken baby on my website by sending me the file again after JP's file wouldn't work (but thanks to JP Carney as well)....I suspect you are a member of SI..

ROFLMAO...how ****COINCIDENTAL****...I won't tell if you don't ;-)))))

****shaking my head laughing****