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He wrote that he's going to hang on to it for a while.
{that could mean up till Jan2001, when the Q4 figures are published,
or hangin on longer, does that make a difference? Keeping a trade
that long, then who cares what it is trading now?}
Need binoculars?
Selling Calls is something one does IF he also wants to take on
that or other obligation(s). Perhaps one doesn't want to?
In muddy markets the first thing that one does not do IS TAKE ON OBLIGATIONS.
{preventions that are part of the "Risk of wellfare"}
Regards,
Ton Maas
ms-irb@xxxxxxxxxxxxxxxx
Dismiss the ".nospam" bit (including the dot) when replying.
Homepage http://home.planet.nl/~anthmaas
----- Oorspronkelijk bericht -----
Van: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
Aan: "Guy Tann" <grt@xxxxxxxxxxxx>
CC: <metastock@xxxxxxxxxxxxx>
Verzonden: dinsdag 26 september 2000 17:18
Onderwerp: Re[4]: DRAM shortage?
> Hello Guy,
>
> GT> As I put in my email, we're holding this stock for a while in case this DRAM
> GT> rumor of a Q4 shortage is real. Since I have no idea whether it is or not,
> GT> I'm buying some for my own account.
>
> GT> In case anyone wants to follow this trade we're long MU at 60 1/2.
>
> gee Guy since you always have advice to give out i was wondering HOW
> THE HELL ARE YOU GOING TO MANAGE THIS TRADE? OR ARE YOU? now that we
> are trading at 49 do you have a plan? are you advocating buying more?
>
> next time you do this you need to sell calls against your position to
> help eliminate a fiasco like you have gotten yourself into.
>
> GT> We're also long TSM at $28 3/8 (I think, going from memory here)
> GT> and we'll hold these for a while, regardless of our other signals.
>
> at least its a cheaper stock. but you should have sold calls against
> the position also. steal the idea make it your own and include it in
> your future debacles. maybe you will be more cautious of your
> recommendations in the future.
>
> i see that Steve Karnish hasn't shown his face since he gave his last
> advice either. maybe there is a lesson to be learned like posting
> VAGUE stats and numbers with many important zero's behind them like
> Ton Maas (aka-remove nospam) does.
>
>
> --
> Best regards,
> Mark Brown mailto:markbrown@xxxxxxxxxxxxx
> Y = Offset + Amplitude * sin(Frequency * X)
>
>
>
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