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To: Lucretius who wrote (2411)	9/2/1998 1:53:00 PM
From: waverider	Respond to of 14427

O.K., O.K.! Yeah, you're right, but when I see a trade going against me with the momentum that DELL has I am not comfortable holding. I accept your position, however, I was holding November 120's. Gotta have a S-T view in that regard. I've saved a significant sum thus far since I got out at around $111 1/2. Of course this can change within the next 2 seconds. In the car on the way back from preschool, I checked back in and saw DELL at 114 or so and refocused my strategy and picked up some Jan 2000 $100 puts in the old retirement IRA...that way I won't be as influenced by wild swings. I'll hold for several months. If our judgement day does not come by then, time to re-evaluate. By the way, good comparison with UTI. With short term goggles, one forgets the big picture. Lordy your confident! <H>