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To: Lucretius who wrote (19738)4/20/1998 5:32:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
LT...I'm selling all my driller related stocks tomorrow cause I gotta get KTEL! The future is not oil...it's 50s CDs on the internet. When this market tanks then everyone will run to the cliff to buy "Angel Baby"!!!!



To: Lucretius who wrote (19738)4/20/1998 5:32:00 PM
From: The Perfect Hedge  Respond to of 95453
 
Make no doubt,I know things can change really quick but it ain't happenin' tomorrow.I'll tell you what I learned from EVI---
--Set stops
--small % of the portfolio goes into options(that rule will go into effect when I have over 10k to invest)
--options are to be bought way in the money and 4-6 months out with stops..
--Never avg down
--don't try to catch a javelin
--don't fight the trend
--don't try to pick the bottom
--get a life!!!!!
Also,I've got a spread working on PFE and I'm planning to sell some calls soon so I'm covered....I've got Sept calls and they've doubled so I'll be able to bail if something funny happens...

You're concerns definetely have merit but PFE's got some more room to run.
BTW,you should have waited for DELL's eps,I think it's about to run again.....GD



To: Lucretius who wrote (19738)4/20/1998 5:36:00 PM
From: Broken_Clock  Respond to of 95453
 
LT...did you see the volume on IBM at the close today? 580K at the close. If it tanks tomorrow then a whole lotta people are gonna be crying....that reminds me...I gotta get KTEL!