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To: Glenn D. Rudolph who wrote (6673)6/18/1998 8:51:00 PM
From: gbh  Read Replies (1) | Respond to of 164684
 
I will be adding to my positions as I can more and more confirm the downmove. I want to make this stress worth while.

Glenn, why wait. Any time you can find the short shares, just grab them. Then just box those shares, and do your waiting from the boxed position.

Gary



To: Glenn D. Rudolph who wrote (6673)6/18/1998 9:27:00 PM
From: Jan Crawley  Read Replies (1) | Respond to of 164684
 
I will be adding to my positions as I can more and more confirm the downmove. I want to make this stress worth while.

Glenn,

I am looking at Oct 80 call; thinking about placing 5 contracts and asking $10 plus premium. Sort of conservative??

And by the way, They are asking $18 plus for put and $9 plus for call..wellllll; some one is guessing the direction for us.

Comments?

Ty, Jan




To: Glenn D. Rudolph who wrote (6673)6/18/1998 9:32:00 PM
From: Paul Merriwether  Read Replies (1) | Respond to of 164684
 
<<
was excellent learning. I learn everytime and do not make the same mistake. We both learned.

>>

Glenn and Jan
if you don't mind my intrusion, what did you learn from this
experience? Or, in other words, what would you do differently
the next time if faced with a similar experience.
Would you:
a>box
b>stop loss
c>ride it out with greater resolve all the way to the "top" and back?
best
-P