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Strategies & Market Trends : The picks

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To: steve susko who wrote (4317)2/8/1997 2:19:00 PM
From: Amigo Mike   of 6124
 
Hi Steve,

I appreciate your watching my picks. I won't say that I'm an options superstar, but I hit my fair share. Unfortunately I could be a lot better. Something gets in the way most of the time ( 9 to 5 job ). I would love to do this daily but no security you know. I've been trading in options for about 11 years (wow didn't realize its been that long). Depending on the situation, I look for a minimum 75% return. When I find a special situation, I will hold longer for a minimum 200%. I have been lucky enough to catch a few buyouts along the way too.

Anyway thanks for noticing my picks. I think I have another one also. I will be trying to get in on Monday. Check into it. Need to see a positive start Monday to make the trade.

RB (Reading & Bates) closed Friday @ 25 7/8. I believe there is strong support between $25 & $26. It's a tough call which option I will play. Still checking. I will post to the board which one I think will be best. It should move back to near $30.

Might be time to play CYRX again. Retested support under $25 again. Compaq PCs to use CYRX chips for sale by end of February.

Mike
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