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Strategies & Market Trends : Playing Hammered Stocks for a Bounce, But How? -- Ignore unavailable to you. Want to Upgrade?

To: JEFF CHAPMAN who wrote (95)1/29/1998 3:39:00 PM
From: Mark Jenkins  Read Replies (1) | Respond to of 159
 
averaging down WTEC 500 @ 5 3/8 ...... 500 @ 5 5/16

Total shares 4000 .... average cost 5 5/8

(glutton for punishment ggg) (plan on holding overnight)



To: JEFF CHAPMAN who wrote (95)1/29/1998 4:17:00 PM
From: Keith Lenart  Read Replies (1) | Respond to of 159
 
Wow, look at BILL. Saw it free-falling at 3:30ish. Couldn't short, got puts instead. Then, after bottom, jumped on for nice run up. Both sides my timing was off... but OK. Made for a nice end to the day!

Bought puts when BILL was at 47 1/2, sold at 45. Bought stock at 43 1/4, sold at 45 1/2


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