Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: MMK who wrote (8228)	2/8/1999 10:30:00 PM
From: Triffin	Read Replies (1) \| Respond to of 56535

MMK...Navr If it does tank..consider buying 10 calls @ strike price of 20...for May or July.. if you can get them for 1 1/2 or so .. then you can sell your 21.50 stock.. free up you trading capital and still have the same position.. Jim in CT..

To: MMK who wrote (8228)	2/8/1999 10:34:00 PM
From: Wes Stevens	Read Replies (1) \| Respond to of 56535

Navr, MMK, My strategy will be to put in a limit order at 17 and see what happens. It will probably gap down below that. If I don't get that I will wait and see what happens. It may not be as bad as we think. There are a lot of people that hold stock in the same range as you and may wait it out. Other will buy more at the bottom and it will come up some. What ever you do no market orders they will kill you.