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


To: ViperChick Secret Agent 006.9 who wrote (30765)12/11/1997 4:47:00 PM
From: Kevin Walsh  Respond to of 58727
 
Hi Lisa, Sorry I was mia. Yesterday, I went to see another doc about my knee. I'm hopeful what he suggested will cure me. Don't use my orthotics and ride more toe out - like the way I walk/run.

Do you still have the CPQANs? No I didn't get the puts this time, too bad for me. I would have if I sold the KLAC calls on Mon for a small profit - which I still have. Just call me stooopid head. I keep seeing bottom signals - doji's, bullish engulfing patterns so I was stubborn (and after all this recent ego talk). KLAC's low held so I held. Fortunately this time I bought deep in the moneys. I 'should' be able to cover at today's gap down at least before expiration. But if Kevin's right...I won't.

Now that CPQ's breached its recent support (bounced 3 times @ 58ish), and if Kevin's scenario is true, I'm looking for CPQ at about 52.5 where the 200dma is. The lowest I see is about 50 where there's support from the initial breakout early July.

No I don't have my sound/speakers set up yet :-( I just got some more memory ($49.95 for 72-pin 16Mb; MacWarehouse still selling these at $179.) I need to upgrade my operating system also.

Tomorrow, I'm off with the family to Mammoth Lakes tomorrow to play in the snow for a week (and also experience the earthquake swarms they're experiencing). It looks like I'll be almost completely out of touch with the market, SI, and email. I'm going to set GTC orders on my KLAC calls.

Take care,
kw.