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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: ViperChick Secret Agent 006.9 who wrote (47727)	7/13/1998 3:18:00 PM
From: Lee	Respond to of 58727

Hi Lisa,..Re:<<Bearish Bond Positions>> Lisa, I heard that on CNBC. Thought at first it was Solomon and dismissed it as another of their untimely moves per the article below. dljdirect.com Unpredictability kills Salomon US bond arbitrage By Jack Reerink NEW YORK, July 7 (Reuters) - Salomon Brothers is pulling the plug on its U.S. bond arbitrage group because markets have become more efficient and its new parent dislikes the business's unpredictable returns. But the option closed where I bought it and if we don't get some buying overnight I will close it out tomorrow. Like Patrick said, can't hold options. Just playing the short term extremes. Regards, Lee