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

To: Trader J who wrote (13269)	4/26/1999 11:08:00 AM
From: Tony B	Respond to of 56535

Trade - DELL hit my stop of 44 1/8 (in at 41 1/8). Could have held longer, but got bored with it. Might look for a re-entry later. Only thing left is my ADPT around 23. Will look to sell around wednesday or thursday (earnings out thursday evening). This has been a big disappointment and will just be happy to make some money on it. If this wasn't one of my long-termers, I would have kicked it to the side of the road a long time ago. Has a very predictable trading range, that I decided to fight. I lost. llater, Tony B

To: Trader J who wrote (13269)	4/26/1999 11:24:00 AM
From: LTK007	Read Replies (1) \| Respond to of 56535

Don't have them TJ--they were for May so I took about a 2k profit then---congrats to Tim Luke if this becomes official---my biggest option holdings now are PAIR July15s 30contracts at .37cents(hoping for a buy out), and BKS 20May40s at 1.37(also have 2k shares of BKS)--also have options scattered about for ANIC,PAX,AND PDQ. I see that FNHC has been moving.Max BTW,regards options--I could have bought 4k shares in BKS but by buying the options for 2k shares I get the equivalent of 4k shares but with nearly 1/2 the money at risk--that is one way of utilizing options.Max