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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Pancho Villa who wrote (4066)	3/5/1998 7:21:00 AM
From: Mike da bear	Read Replies (1) \| Respond to of 18691

Sorry mike but I think you are nuts with your line of thinking. The probability that your scenario develops is not so high as to take the risk. What would happen to all your longs if things don't turn out to be the way you thought. True enough, unfortunately I've got to plan my strategy before the market opens and put in my limit orders. I won't be able to get through to Waterhouse after the market opens. Probably won't be able to get thru vis the Internet until about noon-time. Hell even telephone trading will probably be down. I'm going to put in limit sell on 1/2 my MU puts assuming MU might drop to 31 at the open. I think I'll also cover my XLNX short @ 39 1/2... that's a 7 point drop but XLNX can do it since they were up 6% yesterday .... following COMS coattails. mdb