SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?


To: NucTrader who wrote (2335)8/31/1998 7:47:00 PM
From: Lucretius  Respond to of 14427
 
stick w/ the trend... DOWN. I haven't traded a thing since July except roll my puts and buy LEAPS. I call it easy investing.

Buy and hold.... PUTS that is!!

-Lucretius



To: NucTrader who wrote (2335)8/31/1998 7:50:00 PM
From: drsvelte  Read Replies (4) | Respond to of 14427
 
Nuc

I actually went long on DELL at the close for 100 shares @ 100. I am looking for a) a little pop at the open, and then a continuation down, or 2) a continued slide, then a reversal up intraday a la last October post-crash Tuesday. I think 1) is more likely which will create more shorting opportunities. Futures were up about 5.00 as I type.

I made a big blunder (another one!) in retrospect. Shorted AMZN at 104 9/16 and put in a buy to cover at 98. I never thought it would hit this and I always like to have an active cover, but it blew thru 98 like a train. I was hesitant to reshort, and thus lost out on 75% of its decline. But at least I made a little $$$.

What's folks take on tomorrow??