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jenna

08/19/03 4:49 PM

#17016 RE: bbgold #17015

STRANGLES..Actually I'm enjoying shorting the morning a bit better. When they are leading plays like HD and probably INTU, we can probably get some really strong downside intraday. At the rate of the INTU report I expect this baby to come tumbling tomorrow. SNPS which I still held some 70 calls (no puts yet) might be a better example for a strangle. Its a "quiet" play that will not have impact on the sector but just on its particular industry and on itself of course. OVTI stopped out on a tight stop today will also be high on my watch list priorities tomorrow for possibly a "strangle"