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Old 03-03-2004   #11
Winetalk.com
Prostate Examiner
I quoff fine wine at corkd.com
 
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Join Date: Oct 2002
Location: good 'ole USA
Posts: 21,018
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Quote:
Originally posted by MikeFold@Mar 3 2004, 10:19 AM
quick story re: holding

Bought a buttload of ARTG on 2/10 @1.62
chart said breakout...
hahahahahahaha
[look at 4 week hourly chart]

anyways rode it down to around 1.38
spikes up...just to trim losses i sold at 1.45 to get rid of it...
of course the next two days it goes to 1.64
being a cautios/crazy russian mofo,
I play different game..
I NEKKID options...
(probably because I luv word nekkid)
;-)

I wrote QLGC Jan 50 call/Jan 35 put combo for $7 credit...and now it's like watching the grass grow hoping the time premium evaporates with no exrecizes
;_)))

very volatile mofo...premuims stay high
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