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


To: IQBAL LATIF who wrote (17057)2/19/1998 1:50:00 PM
From: Chuck Molinary  Read Replies (2) | Respond to of 50167
 
Ike,
Can you clarify?

Darth- I am going to be extremely bullish on SOX once 320 is taken out- I will be playing this divergence to its full- DDX goes higher as NWX look at my last night post on lagging tech-- we go higher if 320 is taken out. I did covered all my naked puts yesterday

It sounds to me like you're pretty bullish on these indexes yet you bought back naked puts yesterday. Why wouldn't you let the naked puts run if you expect the indexes to rise? Or were you long puts? Or am I just confused?

Thanks,
Chuck