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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (26853)9/8/1998 10:32:00 AM
From: yard_man  Read Replies (1) | Respond to of 94695
 
Today is not the day to take profits on puts -- it is the time to buy, James. Make yourself a little spending money today. Jump in there and buy some. <g>



To: James F. Hopkins who wrote (26853)9/8/1998 11:30:00 AM
From: yard_man  Respond to of 94695
 
Time doesn't eat much on deep-in-the money puts, Jim. All he has to worry about is a retrace. This would be a bad day to sell. He'd do a lot better waiting a couple of days -- given the spike nature of this rise and MSFT's inability to stay above 100.


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