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

To: BelowTheCrowd who wrote (16620)	1/6/1999 7:24:00 PM
From: larry	Respond to of 18691

MG, Thanks for the kind warning. Most of my current long positions are puts that I sold a while ago with striking prices 15-50% below their current respective price level. The closest thing that I might get put in is AOL Jan. 150 puts that I sold at 35 and ONSL Jan. 40 puts. Might buy the former back next Friday. But I believe that AOL is for another split this time, so I am not sure. I will go short or put as soon as I see the market sentiment shifting. As far as DELL goes, I will keep my Feb calls and probably close my Jan. calls tomorrow when the issue penetrates 80. I am still waiting to buy back the May 99 50 and 55 puts I sold three months ago...I want to buy back below 1 1/2. good luck, larry!