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Strategies & Market Trends : 50% Gains Investing

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To: Dale Baker who wrote (590)3/3/1998 8:04:00 AM
From: Skeeter BugRead Replies (2) of 118717
 
i like april 30s on mu a lot. i own some. my strategy developed from mike burke's strategy. buy out of the money options on companies that are waaaaay over valued or under valued. you can forget the latter in todays market ;-)

always save some dry powder - read, start SLOW!!!!! i'm about even on mu b/c i was gung ho when it was $30 - before going to $60 :-(

i own genzl april calls. you may want to look at a few genzl $5 calls (ok, rules are meant to be broken. you minimize time value expense at but also limit your percentage gains.

just remember, START SLOWWWWWW. live to play another day.

swtx will move. everyone is waiting for their one time charges to disappear. they will. easy 50% in 12 months from current levels. unless tech wreck 3 hits. if it does, though, swtx is positioned to fall less. they should have decent eps growth no matter what happens - but it may take a while for others to figure this out.

skeets.
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