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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (857)	9/8/1998 11:06:00 PM
From: AugustWest	Respond to of 927

Sardonic = SNM with paper handcuffs. EDIT in: Sorry, thought this was the coffe shop.

To: Wayners who wrote (857)	9/9/1998 1:57:00 PM
From: Cathedra	Respond to of 927

Oops! I use words like I buy stocks: "Jump now, look later." I used "sardonic" to comment on your dry wit, but a look at the dictionary reveals something far different (scornfully mocking). It was a stupid but honest mistake, and I hope you will accept my apology. Well, I am still hurting big time from the recent correction/collapse. (Would have done better flipping hamburgers than stocks.) I do OK in an up market, but goes into denial when the market turns downward. I just have to learn to take my lumps and wait for a better time to reenter. Sigh! Right now, I still have CMGI (stock) and Sept. $30 SEEK and Sept. $65 TXN calls. CMGI looks like it will retest $63 resistance, at which time I will write calls. I will look to sell SEEK and TXN calls ASAP.

To: Wayners who wrote (857)	9/29/1998 6:31:00 PM
From: Cathedra	Read Replies (1) \| Respond to of 927

Wayne, I am messing around with Internet stocks again, only I am trying to rebuild my confidence by going for singles rather than home runs. I put in an order to buy Network Solution (NSOL) at $39, looking to get out around $46. What do you think? I also have CMGI stock, and expect it to make another upmove within days. Since I don't expect it to get anywhere near my cost ($80), I just want to write covered calls to earn some income. I put in an order to write October $60 calls at $9. Do you think that is too greedy? Finally, I can't resist quoting you, "What are you flipping these days?" Hope all is well, and thanks again for your help.