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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?

To: JSB who wrote (4460)11/4/1998 11:40:00 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
am not a put man...Recently I had targets of 45 on MU and 25 on AMD...Both short-term targets have now been hit(pretty close on MU), so I am on the defensive with a 100% cash position as I post this..The market is looking ahead on these, anticipating a brighter future......
Looking for consolidation on both stocks....Good luck..Mark

P.S. Of course I was looking for consolidation on KMAG at 6.00, but it blew right through neckline..Target is now 9.00 on that one..But will wait for retracement to neckline before I entertain re-entry..



To: JSB who wrote (4460)11/6/1998 8:23:00 AM
From: majormember  Respond to of 59879
 
>>Mark, what do you think about puts

Jeff,

While not speaking for Mark, I can tell you he does not care
for options. My own experience down that road confirms that.

Unless used as a "hedge" against going long or short stock,
it is an animal of a different color....JMO.....Skane


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