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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: hpeace who wrote (24566)	12/9/1997 1:45:00 PM
From: McNabb Brothers	Read Replies (2) \| Respond to of 176387

steve, <mcnabb..is that an irish name as in the "luck of the irish"> You are exactly right! And I have been very very lucky in my life time! I could spend many a day posting all that I have had given to me from a super great family to great health to financial success and many more that I will not list here! Do not get me wrong I have made my share of financial blunders, but have always learned from them and never gave up! <paul, had nabbbro done the spread like I instructed him too. then he would be up now instead of down.... selling the 90 call but having bot the 95 call ahead of time... pigheaded I think> steve, if I would have taken the above advice I might have had to go short DELL at $90 to have it called from me at $95 the same day after option expiration! I know I know. I'm suppose to cover, but I have said many a times I can not day trade the market! I sell time value with naked options and I will go short if it goes above the strick price! If DELL stays above $90 and $95 untill next Fri. I will be short even more DELL! Would say how many, but do not want to piss anyone off on this thread! steve, I have read many books on options and I fully agree with you on what you have been telling me, for most option traders, but we do keep enough margin and have the ability to ride a short for a very long time and to avg. up if we need too! Again, DELL is a very risky stock to short and we know that, but we will not allow it to eat us alive, for it will not be that big of a position compared to our total portfolio! Thanks for all your post to me even though they do blast me at times! Hank