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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?

To: turbi who wrote (8099)	3/30/1998 9:37:00 PM
From: James F. Hopkins	Read Replies (2) \| Respond to of 13565

turbi; RE> Right now no one wants to buy Atmel, and so far at least it looks as if all the potential sellers have indeed sold, << --------------- I bought , :-)...what i call a 1/2 position..which is how I mostly start off now days..sometimes just a 1/3rd.. -------------------------- With that I wait to see what she does, if she falls I may step out as fast as i can, ( providing it don't take a big tumble ) in that case I gots to hold. In either case if it falls I write puts ( if I step out ) I write twice the amount of puts, this usually more than offset the loss and if she drops to the strike price i wind up with twice as much but cheaper. ----------------------------- If she goes up I often buy more like a monentum type person, but I write covered calls LEAPS (way out of the money to were if its called I make a double,) on the first batch whch then is hopfully long term I may play with the second batch seperatly untill hopfully it comes long term. ----------------------- Any way I'm in, if I have to get out I'll write 12.5 puts. I think she is good long term stock. mostly because I'm clairvoyant <G> Jim