SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: smolejv@gmx.net who wrote (4265)10/9/1998 4:22:00 AM
From: Berney  Read Replies (1) | Respond to of 11051
 
DJ, Can I cut in?

With the OEX at 472, the Jan 430 Put and the Jan 510 Call on the OEX are in a dead heat. Clearly, the big money doesn't know which way it is going. The only known is that it is going to be volatile.

In a rally mode, BTD, sell the rally is the mantra without a lot of risk. In a bear mode, BTD, sell the rally, has no assurance that there will be a rally.

For better or worse, I go to cash today, and will not hold overnight until November.

Berney



To: smolejv@gmx.net who wrote (4265)10/9/1998 11:31:00 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
DJ; RE:" any suggestions ? "

...sell CALLs to exit long positions ?

Your DEM/CAN$ position is the most elegant currency play of the year, hands down: superior to long-GOLD or, any other that I can think of. If you would - could you list your currency & gold positions with their approximate dates of inception / returns so far ?

-Steve