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To: NucTrader who wrote (2951)9/14/1998 8:47:00 PM
From: waverider  Read Replies (1) | Respond to of 14427
 
No. I did Nationsbank instead. Calls. But as the stock continued to rally into 57+ it stalled. I had anticipated more of a rally. It started to backtrack and I got out with a minor loss (the bid just about rose up to the ask I paid earlier...what a trade!).

I switched over to AFS and EK puts at their respective highs. That was a first for me. We shall see what happens tomorrow.

And now I will claim the honored award of the BEST participant of every head fake in the OSX since the beginning of the downtrend. Bought calls on RIG this morning after things appeared stabilized (no sudden AM burnout so famous with the oil sector).
Well, I went away for an hour and bingo...rally over. Hopefully RIG will maintain itself long enough tomorrow for me to extract myself without much pain.

<H>