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To: Jo_Bidou who wrote (5100)1/19/1999 2:39:00 PM
From: Gersh Avery  Respond to of 11051
 
Claude ..

No.. loss was today. Paper options were purchased near close Friday.

Your question about INQNF

At this time I would guess that MSFT will surprise big time to the up side .. seems to have left it's trading channel to the south last week and is now back in.

Both INTC and MSFT seem to be in the lower area of their trading channels with little downside and a lot of upside area.

I would guess that there will be better puts that could be purchased.

You asked for the guess .. there it is ..

But please note .. I am probably the person on this thread that is the most consistantly wrong.

Gersh



To: Jo_Bidou who wrote (5100)1/20/1999 9:23:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 11051
 
Claude .. re putz

This AM it looks like they have run MSFT up to hard overnight. Usually this leads to a pullback before another run up.

If this takes place today then a deep in the money (~$25) put at about ~9:45 would gain a few points by about 11:30.

Again .. make that if .. if .. if

good luck

Gersh