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ttran

04/04/03 9:57 AM

#13898 RE: jenna #13871

MERQ crapped out after downgrade this morning
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jenna

04/04/03 9:58 AM

#13899 RE: jenna #13871

New shorts added early: MERQ and MXIM now in short/puts eBAY, MERQ, MXIM, XLNX, and NVLS. Lovely day for holding shorts/puts overnight. Had you held long in technology the nasdaq was well under pressure from premarket. We've been saying all yesterday by 3:00 "The Bird in Hand Strategy" and hold those puts as hedges.