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Strategies & Market Trends : The Amateur Traders Corner

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To: Tom Hua who wrote (12751)	8/16/2001 5:53:19 PM
From: SpecialK	Read Replies (1) of 19633

Hello Tom, My search for OTEX brought me here. With your comments on puts and the subject title "Amateur Traders", I thought I could help. I've had my share of 400% gainers and 100% losers. If you have enough money, you can gamble on e.g. MRVL falling below 25 in 2 days from 28, without worry of losing 100% of investment in that timeframe. If it's 2 puts at $0.45, it only puts you out $100+. Since I've done my share of gambling and been burned, I pass on those. Good luck to you. Ketan

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