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jenna

09/16/03 2:11 PM

#17690 RE: tacky #17687

You mean IBM.. nope just intraday short below 89. Maybe GS but not IBM. Figure it this way soon we will be getting "upside and downside earnings preannouncements" which is the "fun" stuff in front of the earnings season (and for some reason unbeknownst to me traders don't seem to factor that into their "scans" and trades) and we'll have ample opportunity to short some more. By actually SCANNING a set list of earnings plays you can get those breakouts or breakdowns (like BMET, the breakdown) in advance.

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jenna

09/16/03 3:27 PM

#17701 RE: tacky #17687

tacky, IBM ya see why we suggested NOT TO SHORT IBM. The intraday breakout was above 89.30 and we should hit 90 or higher. Of course I might not bother to hold this (too expensive but i wouldn't buy the 90 puts yet)