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Strategies & Market Trends : Options
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To: steve mamus who wrote (1419)1/20/2000 10:55:00 PM
From: taxman  Read Replies (2) of 8096
 
my son just got stated on his medical career working at kaiser in oakland and part time at kaiser in redwood city. his outstanding loan balance is about 100 times what mine was when i graduated from law school. i'm trying to get in into the options market, but he bought pfizer calls at the all time high and he's been a bit gunshy since.

when you say avoid healthcare stocks are you including biotech such as amgen and biogen and drugs such as pfizer, merck and bristol myers.

in any event i did not have a great deal invested in visx and was not a real bull since it is a procedure you only get once in a lifetime. of course the option still has until june to run and in that time the administrative ruling which went against visx could be reversed and the stock could run again. not counting on that though.

regards
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