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Strategies & Market Trends : Aardvark Adventures
DAVE 202.78-0.6%3:59 PM EST

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To: jmiller099 who wrote (695)10/19/2004 10:29:13 AM
From: jmiller099  Read Replies (1) of 7944
 
UTSI Update

Not in line with the 10% gainer list, but calling attention to current mode of thinking.

The Oct Calls would have been garbage-ish. The November ones were expensive as they are still at the same price even with the stock up 5%. At this time if the stock had been purchased a T-Stop market order would be adjusted upwards today, but i err towards conservation and am early out of a lot of winning trades.

Question: Do you play options in your mix? It is interesting and adds a kind of dynamic to the game. Sometimes they get out of sync heavily with a chart pattern and you can pull 100-200% if it is near-the-money at the time. This would compare to a 6% move on the stock. That is not to say that I would put in the same dollar amount into options as into the stock, but the upside is that if it goes against you heavily you limited exposure.
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