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Strategies & Market Trends : Waiting for the big Kahuna
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To: Real Man who wrote (59210)8/2/2002 4:23:11 PM
From: William H Huebl  Read Replies (1) of 94695
 
Finally got out of the poots with a goss 40% profit! Phew, I was worried about that one because the market has dropped 500 points and JPM, for a while, was going UP!!! Ugh.

But I caught JPM almost at the low for the day... and sold the puts!

My point is that trading options... if you can be right almost all the time... is a much better way of making money than worring which way the market is going or how far.

<g>
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