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Non-Tech : The Critical Investing Workshop

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To: r.edwards who wrote (18515)5/13/2000 12:09:00 AM
From: RR  Read Replies (1) of 35685
 
You may recall my posts several weeks ago when I said that I was moving out of QCOM for awhile. Kept my leaps was all. Took the money and did a few things which I mentioned on the Porch. I'm not sure if anyone is ever really interested, but I try to post the stuff I do occasionally.

I started trading QQQ simply because the market was volatile. Wanted to play the swings rather than contend with an entire new stock selection, or get even more concentrated with current ones I had, and you know I am concentrated in just a few select positions. So, I would buy some QQQ calls when the Naz was down a couple of days, sell them when it went up a couple of days later, buy puts, sell them a couple of days later when it went down. I can't watch it all day, though, so I am not maximum with my entry/exits. I used a similar technique when I was trading commodities. Not for everybody...... but works for me.

Rick
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