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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?


To: lebo who wrote (6292)8/4/1998 2:37:00 PM
From: JohnN  Read Replies (3) | Respond to of 22640
 
Just averaged down my Aug125C position big time. I would like to think of this as a "buying opportunity" but am using it hoping to help break even for this month.

I can't believe I waited all year for the sale, to now be treading water.

I'm not sure what news or events will drive this to the 125-130 level again. Hoping for a pop to 120 before all time value is gone.

Steve, any strategizing taking place on your part re Aug 125s?

John