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


To: Barbara Barry who wrote (32374)1/7/1998 2:00:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 58727
 
barbara

averaging down can make sense...but in this market it is so risky and you have the time value problem...I was watching what happened with my calls last Friday...they stripped the premium right off them at the end of the day ...even though the market was higher.

I just wish I had been around Monday to trade out of them....so now I have to hope greenspan got some last night and is in a good mood

edit= just heard from CNBC..the gospel of the financial market news..that greenspans meeting is delayed due to bad weather....

I guess he better get some tonight as well....hope he has some VVUS