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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (1619)1/30/2000 12:29:00 PM
From: Dealer  Read Replies (1) of 35685
 
Voltaire! I think a lot of people can learn from your market strategies. I know I have or at least I am trying. It is something you just gotta bite the bullet and do. I've learned from each mistakes and Lord knows I've made them. I have been trying to get a grip on your strategies for 9 months and I learn something new on every turn of the market.

I only wish I had taken your advice you gave many months ago. To sell at least part of your interest before the earnings. I now believe the benefits of selling before earnings out weigh the gains you MIGHT make by staying in until after the earnings.

Times like last week can really be a blessing if you position yourself. I had been paying up to 28 for July 200 calls and was able to sell stock last week and purchase the same calls for $6.00. Switched to the July 125 for 20 now. Gotta leverage to keep your % up. I will be selling at least 1/2 of my position before next earnings are released.

Sure I am way down from last week but what a marvelous chance to reposition yourself for the next move up.

I am learning to try to use your strategy to position my investments for a move one way or the other, a good move up or down can be to your advantage.

Hopefully others are profiting from your strategies while you are here because someday you will need to enjoy what you have made. I mean like get off the porch. Maybe build a new porch in Bali and invite us all.

I go as far out as I can with out being leeps. They are so expensive.......with exception of now.

OK, I think I am ready...Go QCOM.

Voltaire thanks for helping me.

dealer
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