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To: Bipin Prasad who wrote (34209)10/8/1998 11:14:00 AM
From: Night Writer  Read Replies (2) | Respond to of 97611
 
Bipin
Rally may not happen. Closing order just went in. Waiting for confirmation then will reestablish the position. Too little time for a gamble at this point. Longer positions have no time value in them. However, It gives me a better chance of recouping some profit. Should have closed position earlier, but I got greedy.<g>
NW



To: Bipin Prasad who wrote (34209)10/8/1998 11:31:00 AM
From: Night Writer  Read Replies (1) | Respond to of 97611
 
Bipin,
Just covered covered! Hated to turn chicken, but that is best in the option market. Rolling out to Y2K LEAPS at a strike of $35. If this works, I can put a buck and a quarter in the bank. Not a bad days work in a down market. Now I can buy insurance or close them out later for a buck or so in profit. I hope.
NW