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To: DavidG who wrote (42518)1/27/1999 9:12:00 AM
From: Chas  Read Replies (1) | Respond to of 53903
 
DavidG,
Yes I realize what you are saying, but this LG situation could affect
some of this short term, I would also be careful. I actually was thinking puts before last weekend when this started.
All I can say is, watch the spot, watch the news, if the government steps in, which I doubt, or if Hyundai and LG come to agreement, then
I would definitely buy puts.,
Good trading.



To: DavidG who wrote (42518)1/27/1999 1:40:00 PM
From: Land_Lubber  Read Replies (1) | Respond to of 53903
 
> My strategy now, and has been for the past two weeks, is to buy PUTS on rallies and sell them into dips.

Mine too.

Land_Lubber



To: DavidG who wrote (42518)1/27/1999 4:13:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 53903
 
david, skeeter, larry and all--

i still have a small put position left over from last week...i am thinking about adding to it.

i havent really been following MU all that well since it went above 58, but i am curious as to what is going on in the DRAM market, and with MUs margins. any ideas?

70s is clearly unsustainable, even in the best of all possible worlds. the only question to me is when does the bubble break...when do the fundamentals start to impact again?

good luck to all,
trey