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


To: donald sew who wrote (37275)3/24/1998 7:41:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 58727
 
Tough to say, it's spooky long. I'm reluctant to get as excited as most. I shall view the open tomorrow and make a decision, but if it is long I shall have a stop close to the vest.

I don't mind not making too much on the long side here. I just want to be on the short side aggressively at around the correct time. This is obviously a bit wacky. A lot of profits may be made being long. Personally if I can do that I shall, but I'm not comfortable enough to stay long overnight.

BTW, I see the futures are up to 1120 as of now. I still feel comfortable in cash......if incorrect to be so, I shall still be able to make money. If correct to be in cash, then I shall have cash to make money later.

Take my word for it, I've been around the block. It's better to have the cash and be able to come back and play another day than to be forced to wash cups.