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Strategies & Market Trends : Waiting for the big Kahuna
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To: kas1 who wrote (849)6/12/1997 6:30:00 AM
From: William H Huebl   of 94695
 
Hi Konrad,

<i'm in july 20 puts, symbol baysd cost 13/16. the 25's would've been less risk, but i didn't feel like gambling much;>

I am not sure I know what you mean by this sentence as in my mind it doesn't compute.

I bought the Sept 25s. Unless you are some kind of a market guru or are a successful options trader, then you bought the wrong option.

If you are going to invest, say, $1,000 - what does it matter whether you buy 1 or 10 options if you make money? 3 Sept 25s will cost you around $1,000 and you can sleep nights.

Believe me, I have been there.

My forecast is 15 within 2 months... and probably not in a straight line if my experience tells me anything.

But What Do I Know?

Regards,

Bill
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