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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (19244)5/27/1998 2:56:00 PM
From: yard_man  Respond to of 94695
 
should have bought some puts earlier. hasn't been all that hard -- what's hard is hanging on for max profit! Today I hedged a triple on MU puts. Profits are locked now -- cost me a little bit bust so what?

Have two other positions which I jsut bought because I thought the stocks were high and volatile -- both doing well.

Took a double on GTW puts when it was 50! that hurts -- look at that one now!



To: James F. Hopkins who wrote (19244)5/27/1998 3:07:00 PM
From: ratan lal  Read Replies (2) | Respond to of 94695
 
James

The next major support I see is 940. That is because this market has basically been going practically straight up since january 98.

BTW market is recovering. Is this a "suckers rally ??" " a bull trap"?

ratan