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To: DavidG who wrote (45578)5/4/1999 12:37:00 AM
From: Land_Lubber  Respond to of 53903
 
David,

I made the mistake of buying May 40 calls (MUEH) on April 22 for a cost averaged entry of 2.86. Only expected to hold them a day or so, but I'm still nursing them. A mini-rally has seemed "imminent" since then, without actually appearing. It seems more imminent than ever right now; although it might well be a very sharp one, with a murderous downside.

Land_Lubber