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To: j g cordes who wrote (13424)4/24/1998 1:59:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 17305
 
The Options Jockey is a conservative player. The stop is "on close".

The play was purely based on options action and his posturing is designed for a conservative player as such.

Me, I'm shorting everything in sight. It's a smart hedge play. But if you are straight long CYMI the action today suggests pulling up stakes and waiting for another entry.

Best I can do, Jim. I'm long the stock as well, but I'm hedged...having been short the futures.



To: j g cordes who wrote (13424)4/24/1998 3:00:00 PM
From: Patrick Slevin  Respond to of 17305
 
Jim: book early for that AMTRAK ticket. I think there will be a line. <e>