News Focus
News Focus
icon url

jenna

02/26/04 11:16 AM

#21493 RE: Fred Langford #21490

EASI and now ADSK, Did you notice we had the chart for Dec as well. Now ADSK is playing well for day 2 but without the track record of EASI, this is not being held long (the stock) through earnings, but we pick it up for earnings run or hold overnight prior to the report (MRVL, ADSK) and a position in the ADSK 25 calls picked up while ADSK was dropping like a rock yesterday (even had a morning short going in the 26 area through the bottom at 25.25) is already profitable. Buying the bottoms (or as near as we can get, and taking profits at the spike high top, without committing to a multi-day trade long or short unless certain criteria are met and only 25 to 33% of the position is held just in case)

icon url

jenna

02/26/04 4:26 PM

#21510 RE: Fred Langford #21490

Fred, hope you picked up ADSK, one good turn deserves another! We had patience with ADSK and entered in the 25 and 25.25 area, adding the 25 calls (NO PUTS WERE CALLED since we got nearly a buck of downside before the move up yesterday)