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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (15177)3/8/1999 12:04:00 PM
From: Jorj X Mckie  Respond to of 34824
 
B*,
Yes I do have some puts left. Some I don't expect to work out at this point, but EGRP is doing fine. I have puts on ICGX and almost increased my position on Friday, but decided to be a little more bullish short term.....thank god. I do have some AMAT puts that I bought OTM to hedge shares purchased.

The vast majority of my holdings are in cash right now. Though I did pretty well since Feb 2 with my puts and did pretty well since Friday on long positions and calls, I am not good enough to be willing to risk the nest egg in this market. I am immediate term bullish, but feel that the market could turn against me relatively quickly. Other than that, I am still a bull at heart and anxiously await the indicators turning.
JXM