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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (16288)12/21/1998 11:48:00 AM
From: larry  Read Replies (1) | Respond to of 18691
 
Dale,

Same with me. Closed my call positions on CMGI just now with huge gains within a week. Still hold the Jan. 70 and 100 puts I wrote last week. I agree with you that we took the $$$ from short sellers' pocket. And that it's easy money.

Also closed my ONSL position for a 18 point gain within 2 days. Money comes way too easy.

Now I am willing to take the $$ from shorts' pocket on TGLO. It's a safe bet for a 12 point gain within a week from current level.

larry!



To: Dale Baker who wrote (16288)12/21/1998 12:41:00 PM
From: Blacksmith  Respond to of 18691
 
>>Still holding MCAR, TERA and CCSI short. They have hardly moved today.

Same with AND, which has bounced strongly off of 9 several times,
now is drifting down near 9.



To: Dale Baker who wrote (16288)12/21/1998 7:47:00 PM
From: Timoteo  Respond to of 18691
 
Dale,

I bought 5 CMGI January 120 calls today. Feel like a genius to cover AMZN in the 110s now. I think this one will ride to 200 if the market tone stays positive, and these internets seem to have 9 lives.
Still short ZITL.
Happy Holidays,

Timoteo