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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks -- Ignore unavailable to you. Want to Upgrade?

To: Jim Goodman who wrote (557)	8/25/1998 4:39:00 PM
From: David Johnson	Read Replies (1) \| Respond to of 660

Hi Jim, I bought some WMT puts today as it approached its year high. Any thoughts?

To: Jim Goodman who wrote (557)	8/27/1998 11:08:00 PM
From: tom r. phillips	Read Replies (2) \| Respond to of 660

Jim -- i've had some MU Oct. 25 puts for a while which i was tempted to sell today for a double. had some CIEN Jan. 65 puts which i sold way way too early (i.e., before the huge drop). it's hard for me not to dwell on the CIEN mistake. it could have been a super winner if i'd not scared myself out. what do you think of KO puts now? also, what about financials like Chase and Citibank? i need to go back and re-read your earlier posts. thanks. tom phillips