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Strategies & Market Trends : 3 months for 100% -- my stocks

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To: Feraldo who wrote (102)	5/28/1997 11:58:00 PM
From: taxikid	of 170

F- you are entitled to disagree. but I TRADE most of my portfolio $$ Intraday.. I will not wait two weeks.. unless I really like something.. or I have it earmarked as a safe hold to "short other issues against" I suggest that you read some texts on options and continue your quest to learn more of the angles.. lets say you start w/10k.. you set the stop at 7%.. $9300 then the next one flops-8649- and ohh no a third loser- 8043.27... PLUS commission and interest as Oneill suggests that you use a margin to gain more.. avg is 25 one way per trade. some offer less, I use datek, and pay 9.99. so my cost would be another $60= roughly 7900{incl comm} of cours the math works fantastic the other way, compounding your gains as you go.. but the street doesn't always produce winners. anyway- the chances of success with a small portfolio forces you to commit to picking only one or two of those picks. anyway- the picks would change as the prices vary.. your stock that fell may be a better buy{jbil-watched for a while} I would say that INTC fits canslim..yet I don't have it in my portfolio as stock- I will play the calls once in a while- anyway- the pressures of life{i mean wife} are calling ciao, taxi

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