InvestorsHub Logo
icon url

HailMary

01/16/04 11:37 AM

#23423 RE: HailMary #23421

Looks like we have broken out of the last month's trading range with authority. This bodes well.

It does surprise me being options expiration and all. Many option holders might have already taken offsetting positions to lock in gains. Or it could be there is just enough other buying interest to overtake this.

Should be a good show over the next 3 trading sessions.
icon url

sgolds

01/16/04 12:19 PM

#23438 RE: HailMary #23421

HailMary, Gollem thanks! I think I was lucky to dodge a bullet on the AMD Jan 15s. I am looking at losses on CAKE Jan 45 (43 now) and TOY Jan 15s (14 now). On the other hand, my QQQ Feb 38s are doing OK. You win some, you lose some.

Edit: Looks like the stock price is taking off today. Of course, had I held a few more hours, I could have made a lot more money. However, that is hindsight, and there was no rational reason to expect this result, so I have to be satisfied knowing I made the correct decision this morning.