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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Bald Man from Mars who wrote (10811)	7/1/1998 5:12:00 PM
From: Roger A. Babb	Read Replies (1) \| Respond to of 18691

BM, my timing is too bad to play with puts. Just make a well margined short and hold on for the ride.

To: Bald Man from Mars who wrote (10811)	7/1/1998 5:29:00 PM
From: Hawk	Read Replies (1) \| Respond to of 18691

Ballman >>Shorting these superstuds is a little scary, puts are frigging expensive<< You got money left to short, I'm impressed. I don't even have my shorts left. H.

To: Bald Man from Mars who wrote (10811)	7/1/1998 8:53:00 PM
From: Peter V	Read Replies (3) \| Respond to of 18691

BMFM - re AMZN puts: I thought we were forming a double top at 75 and bought the Jan 80 puts for $17+ I can't even bring myself to look at the price now. Then I thought the stall at 100 a few days ago was a good sign, so I bought some July 90s for $8. They were less than half that yesterday, and that was 14 points lower than today. Again, I just can't look. Point is, I won't buy any more because I'm getting hammered, and I don't know if this net nut will crack in time for profitable puts. I thought we had a top, and it screamed right through it today. Maybe that's the top, maybe not. Good luck. I'm going to pray ZITL pops again tomorrow, and get back to a decent, reliable short!