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At 04:43 PM 3/5/98 -0800, John Chamberlin wrote:
>Intel Traders,
>
>Somebody posted an Intel March 90 put trade aprox 8
>days ago. At the time the March 90 P were at 1 3/8.
>They are now at 14 5/8. Every 137.50 invested turned
>into 1464.50! Great trade!
>
>My question: Did you hang hold your position? or did
>you blow on the mini short squeeze? I hope you hung
>tough!
>
Have several May Intel puts. Added Morgan Stanley High
Tech 35 puts recently. I want more bears. Not enough of
them! Got into these just because of the extreme upsurge
of the indices above their 200 day moving averages. Does
it have to be more complicated than that?
Petena9090
petena9090@xxxxxxxxxxxxxx
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