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Technology Stocks : How high will Microsoft fly?
MSFT 459.86+0.7%Jan 16 9:30 AM EST

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To: Bill Holtzman who wrote (28713)8/25/1999 8:26:00 PM
From: t2  Read Replies (2) of 74651
 
How's it feel to be back in? Any knots in the gut?

I feel fine; no worries at all. Actually, i had gotten progressively conservative from the beginning of the year to now. My options early in the year were a lot riskier than what i played with in June/July. Last year, i just went extremely risky with MSFT calls.
Now, this current buy almost seems like diversification, strangely. Options only make up a very small part of my trading and that is the way i am going to keep it. Getting used to it.

My options plays are being done with my lottery or casino money. I am very disciplined now and not really addicted to trading them anymore. Call options helped me build up a good portfolio in the past 20 months and i am not going to play them and risk losing most of what i made---no matter how tempted I get and no matter how sure i am of a stock's movement.
Overall, my investment strategy is focussed on stocks---somewhat boring.
I just decided that i need to have a little bit of fun every now and then. <ggg>
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