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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (37337)8/12/1998 2:56:00 PM
From: Bipin Prasad  Read Replies (1) | Respond to of 53903
 
tip,

I noticed that you mention missing both long and short side options
a few times. You have to set target prices according to your research,
then buy puts when MU goes up to your goal, sell when MU goes down to
your price. Ask MB about his formula for taking positions. However if
you don't have much time to watch like a hawk, get less volatile
stocks and hold it. Just 2 cents worth opinion.

Good luck!

InSook



To: yard_man who wrote (37337)8/12/1998 2:58:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 53903
 
tippet--

well, in hindsight, i wish i had sold the entire position<G>. but it did look like it was heading lower.

as a general rule, if i get a quick double on something, i sell at least half the position. its stuff like MUs action today that created that rule<G>.

i am still holding some cash in case it goes higher, but right now that looks less and less likely.

good luck to all,
trey


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