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To: Thean who wrote (4662)10/26/1998 7:17:00 PM
From: waverider  Read Replies (2) | Respond to of 14427
 
Thean, as most of us have learned in the oil sector...don't fight the tape. I agree with your premise here that the small caps may make us some money on the long end. I cut my losses in NEM this morning.

Anything of interest other than the supplement guys? PMRY still looks interesting. I'm still watching ANLT for an entry point. But overall I am at a loss for ideas here. Still licking my wounds from some of my puts, it is difficult to switch gears. But switch gears we must if the market tells us so.

The AFS story is the best thing I've heard all day. Let's keep a close eye on this one. Maybe for once I can beat you to the punch <VBG>. Still have my KRB short.

Question. The November 17.5 puts on INTV are now worthless. They are asked 1/4. Have you, or anyone, ever played that game...buying such out of money puts so close to expiration? Is it worth a shot or do I just sail away with this position drying on the beach with gulls picking at it's eyes?

BTW, just moved into my new office upstairs. View is great. Home Depot is sad because I am about done buying stuff there (time to short). Only trim and furniture left with the home improvement project. A landscape guy wants $5000 just for a prelim plan. What a joke. Looks like weeds and natural plants for now.

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