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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: valueminded who wrote (32812)9/24/1998 7:10:00 PM
From: Knighty Tin  Respond to of 132070
 
Chris, I mentioned in my note of a few days ago that this was a departure from my usual strategy. But IBM has been bouncing from the low 130s to the low 120s/high teens so much that I decided to spend a few bucks. Also, I sometimes pull the strategy in closer when I get these yo-yo moves. I still have some Oct 110s, so it is not a complete departure for the entire position, just this third.

MB



To: valueminded who wrote (32812)9/24/1998 9:10:00 PM
From: Skeeter Bug  Read Replies (1) | Respond to of 132070
 
>>It seems as if you have changed your strategy. I always thought you bought the
farther out of money puts for low $$ <<

watch out, you are beginning to sound like a techie. just add in something about moving avg and we'll have to hunt you down. ;-)


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