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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (15462)12/11/1997 11:27:00 AM
From: Tom Trader  Respond to of 50167
 
>>AMAT came to me today and met my entry price target. Went long Jan
2000 25c leaps when stock was at 26+, paritial position.<<

Well sweets, you'll do fine on this -- trust me; sell covered calls on rallies and buy some near-term protective puts on a rally.

As for myself -- I have not done anything yet -- remember cheap and cheaper??:)



To: Judy who wrote (15462)12/11/1997 11:33:00 AM
From: Hans  Read Replies (1) | Respond to of 50167
 
Hi Judy,

It's been interesting to watch people respond to the carnage. I've noticed your unemotional pessimism (realism) over the last few weeks concerning the techs. Good call.

Many of us have been guilty of irrational exuberance, failing to follow the trend. We acted as if the bull would not die, overindulging in calls on each dip.

I wont be buying till spring, after I go back to work. In all likelihood, techs will be cheaper.

Meanwhile, I'm off to mexico for the winter. I've really enjoyed following SI threads, but I'm too cold to sit here any longer<g>.

Keep on posting.

-hans