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Pastimes : Home on the range where the buffalo roam

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To: mishedlo who wrote (8922)	1/15/2001 4:57:29 PM
From: Jerome	Read Replies (1) of 13572

Good Advice... but the people that would benefit by it will not read it.Just like prayers in school. I have done some option trading for the past ten years. It has been my program each month to invest 1% of my net worth in options each month. Because options expire on Friday, I use my list of possible plays starting Friday after the market closes (ususally from 5 to 15) and keep narrowing it down to the best three or four by Monday. Its been my observation that the plans either go terribly right for a few months, and then terribly wrong for a few months. Right now I have completed 16 consecutive positive trades of 100% gains since the week before Christmas.However, keep in mind that I had more than 16 consecutive wipe outs in the prior months. The losses don't phase me at all...its all part of the business. Regards, Jerome

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