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Non-Tech : The Critical Investing Workshop

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To: Jill who wrote (190)9/27/1999 8:17:00 PM
From: Wyätt Gwyön  Read Replies (2) of 35685
 
Jill, as I think I already mentioned, my core investments are in common and calls on Q. I have a (mentally separate) "sandbox" stash of lunch money that I play with on short term moves to try and be cute based on information delivered via astral planes, pig entrails, TA, and the like. Lunchtime trades can be fun if you anticipate some good swings like we had last week. If it doesn't work out so well...then you lose your lunch money and go hungry for a few hours. Not the end of the world or the starting point of a big debate about the long-term future of the Q/market/pig entrails/other subjects of great importance to humanity. But, a fun and sometimes profitable way to get carpal tunnel syndrome. BTW, I think the time to make aggressive bullish options bets (i.e., 10 to 50 percent of portfolio value) was way back when Q was in the 150's and 160's...like 2 weeks ago. Sitting on an all-time high close, I'm happy with my stodgy old common and LEAPS--no short terms on Q. Cheers, Greg
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