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jenna

02/24/04 2:13 PM

#21450 RE: Fred Langford #21449

Thanks a lot for the quick response. Its difficult in a tanking market to hold onto winners. Its probably best to hang onto a medium call option position and add the actual stock however I know its not an "asset" however a profit is a profit. We were discussing reentering but at this juncture with the market pulling in again, we'll probably pick it up again intraday for "anticipatory upswing" tomorrow intraday. I don't care if a stock is a first tier or second tier, we got our biggest profits (on the LONG SIDE) from second tier companies in the last 3 months and ironically our biggest short profits from FIRST TIER companies!