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Strategies & Market Trends : The Great B.K. Game -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (198)6/19/1998 10:08:00 AM
From: Vitas  Respond to of 1188
 
Hi Babe,

I was busting your chops the other day because I thought you were going to re-short. Didn't see your long later.

Vitas



To: ViperChick Secret Agent 006.9 who wrote (198)6/19/1998 10:49:00 AM
From: Gersh Avery  Respond to of 1188
 
darn .. thought I might catch up with you ..

Gersh



To: ViperChick Secret Agent 006.9 who wrote (198)6/19/1998 10:11:00 PM
From: Dwight E. Karlsen  Respond to of 1188
 
glad you joined the game...I am shocked that you are not going to actually trade what you post!!! ohhh noooooo, Vitas has now tied me.... (saved the endearment's for myself ;-))

[edit: your majesty:] lisa, I didn't say I wasn't going to actually trade what I post; in fact I said that I will be going short this am with spx puts, which I did with a market order placed last night. What I was saying was that for instance I thought we had to trade the spx, and that we had to close out the trade in r/t at the same time as we post "game" position. So now after work today, I check my order status, and find I got one July spx 1110 put this am for 21 1/4 (I was sleeping as the order went off). This is my favorite way to make stock market money, while sleeping and doing other non-market activities :-).

That said, there may be times where I'll want to stay in the game without doing the trade, but I don't know. At any rate, it does take some pressure off the game to know that we're not required to make the trades we post, when we post, and with the spx.

I've been keeping an eye on the osx, but don't know; the fundamentals (ie oil prices) don't seem very favorable right now, and if oil stays in the $12-13 range for very long, these osx stocks will be volatile and under pressure, merger mania notwithstanding. I've never been one to try to guess the next buyout candidate, and I'm not starting now. I will probably go into select drillers like cdg, rig, mdco, esv, flc with call options, if I go back into the oil patch.