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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: stevedhu who wrote (71121)8/17/2000 11:12:04 PM
From: ezspkns  Read Replies (2) of 95453
 
Steve,

Yes, it was nice to get my little pile of KEGIB's early at 3/8 .... already have some JB's. That said, I'm due for some good hitters - the past two months has been slim pickings. If it wasn't for ATW (HI's - good exit), I'd be in a world of hurt. And if I hadn't screwed up my IPHG's with a poor exit, I'd be just fine. Woulda shoulda coulda held those FLCHD's a bit longer if the account would have looked better at the time. And on and on .... anyway, thats why its called speculating now isn't it.

I generally don't post much about what I'm doing because its wildly speculative and risky, but its worked fine for me (in total, despite a dismal July / Aug.) and now I'm hooked. Went to my options strategy in Jan as the market rolled over - to gain the great leverage yet limit/know the actual $ risk. Lately I find the premiums are getting too steep for my taste. Am trying the naked put route as well and that's working OK but I don't like the buying power it ties up.

EZ
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