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Strategies & Market Trends : Tech Stock Options

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To: Kevin who wrote (32497)	1/8/1998 1:27:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) of 58727

Kevin "I'm sorry, but I do not believe that trading options is the same as craps." no where do I make it sound like craps... or do I say it is the same as craps. Kevin, please tell me where you see I said that....obviously a case of you reading my words wrong, again. first you tell me I say random walk theory...and no where do I say that...now you say I say it is like craps...and no where do I say that or make it sound like that. You are reading my words to fit your thoughts...not the first time you have done that. read them as I write them. I said an EDUCATED guess.... So lets do the test.... if it is more than an educated guess...what the heck is it? lets keep track of your losers and you will tell the thread WHY it was more than an educated guess...and why the certainty didnt come to fruition...dont really know what is in between the two... what is between educated guess and certainty? but lets do the test... list 5 of your stock picks today. .one of which must be the CPQ position that you are in and we will see how well your "more than educated guesses" do. You must be in all the positions that you list. I am looking forward to it and perhaps the thread can learn something about the market from you. btw, obviously you dont know how to play craps...do you realize there are educated ways you can play that minimize your losses....sort of like the options game....that can maxmize your percentages..that can minimize the houses advantage..sort of like the options game... However, I am not saying that an educated guess in the options game is the same as in the craps game..I am just saying you can make it MORE than just a wild random walk... for instance you can make a bet that either loses you 1 buck or makes you 25....or loses you 2 bucks or makes you 50..etc etc...actually hell can you do that in the options market? I guess I need to go play craps more often Do you know HOW many different kinds of bets there are and the mathematical odds of each and how you can maximize your chances. Craps can actually be quite challenging and thought provoking on your strategy...most people just dont realize it. however lest you misunderstand again...I am not saying the options games is like the craps game. There are similiarites though...like the problem of walking away when you are up 500 and the ability to take your bets off the table instead of leaving them on to seven out. btw, when i shoot I dont want snake eyes... I dont shoot from the dont side....another superstition...most dark players dont shoot.

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