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To: Lucretius who wrote (18005)2/4/1999 10:15:00 AM
From: yard_man  Read Replies (3) | Respond to of 86076
 
CRAZY -- no really you're not -- as long as you've got the margin to see it hit 100+ and just wait it out you'll do fine -- MU gets excited but it always flops -- the capacity is still out there and there isn't enough demand to sop it up -- just don't cover until it hits the 30's

you can get protection pretty cheap too with an OOM call

Re EGRP problems -- I keep thinking about AMTD puts -- one day we are going to get another huge spike in volume, volume has been growing like nobody's business -- one day should lock 'em all up and piss a lot of folks off -- when it happens a second time I would expect that people will be rethinking whether AMTD is worth 135 bucks -- what do you think?