TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... Message Board

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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Smiling Bob who wrote (20190)	1/19/2001 11:26:53 AM
From: SnowShredder	Read Replies (1) of 59879

Hi Scott, FWIW...The local news said that there was a recent poll saying that CA residents are more afraid of rate increases, than rolling blackouts. Some think that this is a ploy to have the state bail them out. (edit...but on the other side the main gas pipeline is shut off, thus if these blackouts keep going for a while then, they're going to be problems.) The state approved the use of $400 million reserve fund... latimes.com In your contest (nice trading), try trading a couple strikes in the money call or put option instead of the stock (eg. yesterday I bought a couple MUFEB40 calls for 4 1/16 (bought @ the ask when MU was@ $40)...today with the current price $46 I could sell them @ the bid for $7 1/2). The spread is a killer but the increased leverage pays off in a trending market...but if your wrong it is very painful. BWDIK? Best of Luck, WHG?

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