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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 21 4:00 PM EST

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To: Matthew L. Jones who wrote (27717)	9/28/1999 5:33:00 PM
From: Jerry Olson	Read Replies (1) of 99985

Matt on the Larry McMillen site..he has those option's that are heavily traded each day on a fax type thing... doesn't always tell you whats up or down... actually it's taken me a long time to learn to buy knockdowns...it's the only way to go, because you're buying LOW..i always chase...not anymore... now a better play Matt, is to sell naked puts on a stock you like and know..that has gotten battered...take in the premium, and if it close's below the strike, you get assigned a stock you liked anyway...then you can sell it hold it, or cover it... but to answer your question..yes of course, i trade slams all the time with calls...but in a trending market moving up...it's safer and has better potential...

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