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jenna

09/12/03 3:08 PM

#17581 RE: jenna #17580

>>ALERT THOR... in 16.50 explodes to 16.81 should move even higher
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jenna

09/12/03 3:36 PM

#17593 RE: jenna #17580

3:34 nice day once again. That's it for me holding some ANPI, THOR, PIR (locking in the 19.60 area though), the BBY puts and the LEN calls. Might consider the BBY (50 calls as well into the close) this time it would be a STRADDLE and not a strangle with both the 50 calls and puts.. no decision yet.
SEMICONDUCTORS: will continue to trade them Monday on the 10:00 reversals (bounces off support (like MERQ, AMKR) or shorts after exhaustion spike highs) the charts are still too volatile to take anything home. MERQ is obviously a bullish engulfing but that remains to be seen if this upside is shortable by an exhaustion move up by 10:00. You might want to hold a little bit of MERQ or AMKR (now above the 20 sma) for a possible gap up and exhaustion spike but I like the INDU stocks better for that.