Options Message Board - Msg: 13776254

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Strategies & Market Trends : Options

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To: Jeffry K. Smith who wrote (7864)	5/25/2000 12:11:00 PM
From: Tom K.	Read Replies (1) of 8096

...If there is something I can learn or study as to how to make money in this type of market, I am all ears.... If you truly want to make money in the market, you need to go with the market..... don't bet against it. If it's heading up, use bullish strategies, if heading down, switch to bearish strategies..... I know, I know... easier said then done. The important think is to not get out of synch and use strategies that don't match the market. Best to sit out in those cases where you don't feel it is clear. Market's been bearish for several months..... however, contrary to what I just said, at these low prices some conservative short PUTs may be OK. I did some June 40 QLGC this a.m. as that seemed like a reasonable price to pick up those shares if I have to..... prefer an expiration. Tom

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