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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (127)2/27/1996 9:40:00 PM
From: Thom   of 58727
 
i sold iomg where i got them - 1 3/4 (lost broker fees in/out). i saw they went up, but they made me nervous, judy. now they can go where they want - i couldn't care less, i'm really just trying to figure out how to play. i do appreciate the advice, though. i'm trying to keep a clean record (at least close). us filter...

you don't think they look so strong, judy? i like the chart, i like the debt-free way they run, and i like the way that every week or so they climb up a bit more. i never said they were an investment, in fact i would argue that any market play - option or long - is anything more than a gamble. usf was a good example last night because the oakt calls that were close to the money cost 10 - 15 times the usf calls that were close to them money. i may be missing something here, judy - this is all still quite new to me, but i do know that usf calls went up today while oakt calls went down. i like to find the whipped puppies, i guess.

i wouldn't set limit orders on anything if i could watch it and trad it myself, but such is the consequence of work. i had a 2 1/2 set on iomega last week when they got close, but today just said, if they get even, get out.

do you know about tseng labs? do you think there is a good play with them?
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