Claude; You are way ahead of me with thoes stratigies, but I can
visulize how they would work, it sort of opened up a window in my
mind that wasn't open before, but I would still have to get use to
looking at them before I could say much with any meaning.
It actully sounds rather exciting..maybe to much for this old salt.
I gamble some kinda enjoy it but as to what your talking
about I'm like the bingo player / your talking Big time Keno to
a small fry. I do appreciate it and it's enlighting..but doubt I'd
have the nerve to get in that deep. At my age it would be a mess
any way if it worked; I'd be kicking my ass for not having learned
it before. <G> I will keep a copy of that..golly it sounds exciting,
and full of twists and turns.
-------------
I remember now you saying your trades were no charge.
My stratigy is just about no stratigy..sort of hunt em down and
wack em quick and run like hell. It's small time when it comes to
options..but the computer thing fasinates me. What I'm doing
would not work if I were not straped into my seat and trading
direct. I'm not a SOES bandit, but the next thing to one.
I think if I were to get any more serious about trading than I
am now I would go to Hoston and plunk down the dough at one of the
SOES terminals and go that route. Alas I know I won't; I got
other stuff to do and to little time left to do it.
Any way learing new stuff at 60 is not as easy as it once was.
--------------------------
My hats off to you , and thanks..
Right now I still got to get finnished with all the ins and outs
of what the short interset data seems to be saying to me.
Jim
PS SYQT may fall back to $2 if so I buy a first half, ADCT should go down some more..CYRX may dive in the morning..bad news after the
bell if so I'll be ready to grab some more calls.
----------------
RE>
If you buy 'em, make 'em
work for you until you unequivocally change your mind that they no longer make sense ... in that direction!! Anything else is accepting mediocrity, and the small gains will not offset the other losses in a commandingly profitable way.<<<
---------------------------------
I see the above as true in all cases except for the SOES bandits,
they count on skimming..small profits with lots of volume. You just
gotta not make many mistakes. But on the other side of that I
see ADCT as going down more..now I'm tempted to add to my puts
in the morning..if she reverses I still have enough alredy made
to get out with a profit..I'v averaged down before this is the frist time I'v been tempted to average up..does averaging up comput in any
of your stratigies ? Before today I was like 70% sure ADCT was
headed down..looking now I think I see a trend that should take
her on down more, and feel more than 70% like 80 or 90.
But one thing you said about "if" your secure in your out look,
and making a plan..that's just it..I see the market as to much
in motion to ever say I'm secure..in my out look..I need to be
able to reverse decisions to many variables pop up and I don't
see any way we can predict them. So most of my stuff is short
term..other than bonds. And I can make a good argument for bonds
too..the market appears to have out preformed them..but it's
a small part of the market that does. I bought some bonds
back in 87..interest was high too..they have doubled in value
IBM owners and die hard holders are just now getting even.
The market looks up but "it's not the same stocks" most of the
hot angles before the fall are has beens now..Brokers
want to measure from the low of that fall..to the high..
comparing the mud puddle to the rainbow..but mearure from
the high before the fall to now..take out the issues that
were not puplic at the time..stick back in the ones that
were first place then..and damm if over time the
little turtle don't out run the hare, bonds for long term
beat the broad market that was in place before the 87 crash
to now; if you use that same market. So the buy and hold thing
that brokers preach on stocks is just fodder. Stocks are
for trading, with a few exceptions..but thoes exceptions need
to have a record of good dividends.
---------------------------------
Jim
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