Bernie Schaeffer's - Option program Message Board

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Non-Tech : Bernie Schaeffer's - Option program

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To: Mike Fredericks who wrote (67)	5/29/1997 7:12:00 PM
From: William H Huebl	of 203

Hi Mike, You got from Bernie which I expected you to get. I have had more than one service and I can tell you some facts of life... 1. THERE IS NO SUCH THING AS A SURE THING! 2. YOU MUST TAKE RESPONSIBILITY FOR YOUR OWN TRADES! 3. YOU PROBABLY HAVE AS MUCH ABILITY TO DETERMINE YOUR OWN TRADES AS ANY OPTIONS ADVISORY SERVICE! That being said, and applying the same statements to me: - I have lost upwards of $100,000 both with and without advisory service help. - Since I have adopted a hybrid approach I have made good money on the trades that follow Bernie's rules (not all of the options he recommends follow his rules). - The cornerstone to my approach is using the latest, and best, software available for charting. Results... since February of this year I have over doubled my money in the options Bernie has recommended that I have screened and selected from what he gives. For example, AFTER STATING ON ANOTHER THREAD WITHIN THE PAST WEEK THAT I WAS GOING TO BUY BERNIE'S #2 RECOMMENDATION FOR JUNE BUT NOT AT HIS PRICE... THAT THE STOCK HADN'T PEAKED YET, I bought the option yesterday at 3 rather than 4 7/8s max he recommended and it is up to 3 1/2 today. I got it within 1/4 of a point of it's all time low. I expect to triple my money within 2 months! I already have a sell order in on it at 9 1/2. So whatever you do and where ever you go for advice, I believe you will be better off reviewing that advice with your own TA. Regards, Bill

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