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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: ComradeBrehznev who wrote (41849)5/25/1999 5:03:00 PM
From: Jenna  Read Replies (1) | Respond to of 120523
 
Comrade, although I got enough puts, I was looking at some juicy ones also. SWS, CMGI and UNPH.. but CMGI was expensive and I kept thinking SWS would stabilize. Well I'd like a nice gap down tomorrow or at least let me sell the morning puts, which are all in the money and then we could all go long if finally the nets rally.

I don't mine going short (puts) but for a few hours today the nets were really stuck in limbo. After I picked up the AMZN puts, they started to move down more quickly. If I hadn't been prepared to cut my loss on the AMZN call, I would have missed out on the put.



To: ComradeBrehznev who wrote (41849)5/25/1999 5:17:00 PM
From: Kaliico  Read Replies (2) | Respond to of 120523
 
<Amazing price levels>....

Amazing I agree, i have been playing the inets for over 3 yrs now, just when you think the bottom is in, there goes another 50% downward on some, if its below the 200dma, then maybe i start thinking about buying.

MJY