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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?


To: BamaReb who wrote (3030)12/13/1997 12:26:00 AM
From: Druss  Read Replies (1) | Respond to of 4339
 
BamaReb--That has been my experience.
First time options seem to unleash the bulls. I would not play the market that way though. Not much is carved in stone in the market.
Hope you avoided the CREAF moves of late unless you were short.
All the Best
Druss



To: BamaReb who wrote (3030)12/13/1997 12:45:00 AM
From: Druss  Read Replies (1) | Respond to of 4339
 
BamaReb--I took my medicine in CREAF.
Sold for a two point loss. I will get back in once I have studied the situation more and come up with an entry point.
My Zitel shorts have more than compensated me for the CREAF losses. I am still bugged though I did not sell yesterday with a profit. I knew it was going down and talked myself out of selling telling myself I was getting too trigger happy. I was not expecting the news that broke though. The recent run down from 28 looks more and more to me like insiders dumping in preparation for that announcement.
All the Best
Druss



To: BamaReb who wrote (3030)12/13/1997 1:06:00 AM
From: taxikid  Respond to of 4339
 
yes generally they do go up.. this market sucks though..
taxi