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To: Jan Crawley who wrote (18269)9/24/1998 4:48:00 PM
From: Rob S.  Respond to of 164684
 
I did OK but haven't closed any positions. Wish I had put in more orders at the open and covered them for a day-trade. I will be continuing to place my bets over the next day or two - realy don't mind if the inets shoot up more. They will fall. I am prepared this time to roll over the calls if the timing proves wrong - but I have a pretty high degree of confidence that it will work out fine. So if we aren't quite at the top of the top and it takes another few weeks of gyrations to get there, whatever I don't cover on the dips I will just cover and roll further out. Another advantage of doing the short calls . . . the time value is working for you and as long as the stock eventually moves down significantly, you win.