Jill,
One of my tactics has been- and that's why I'm posting on this thread- to buy options on quality stocks, gorillas and kings. I've bought and held Dell, Microsoft, AOL, etc.,
and built positions in them. But to 'believe' in a stock-
I don't ever want to fall in love with a stock, and hold on to it too long, as I have in the past. Dead money on Dell for a year. AOL doing a round-trip, all the while I'm holding. I am more conversant in and excited about Qcom's story than I was in any of the otherstocks, but my great fondness for the stock shouldn't keep me from considering
other strategies. It's a trap I've fallen into before. Who can say what the market will do? Options allow you to get into the current of the market. I'm sort of thinking out loud over here, and trying to keep my wits about me! |
