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Technology Stocks : INTEL TRADER

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To: Berney who wrote (3289)7/20/1998 8:42:00 PM
From: Chris  Read Replies (2) of 11051
 
Hi Berney,

It's been a while, but I'm back. I'm with you on the 'expiring' options thing. The past two months my short term options plays (PFE,DIS,WLA) have been a total disaster (about 90% loss). It's hard to say goodbye to very large sums of cash. :-)

The LEAPs seem to be the way to go for me. I have great difficulty knowing when to buy and sell. I am sitting on a couple of large gains in y2k LEAPS (LU,CSCO,MSFT) and wondering what my exit plan is? I admire your discipline in setting limit sells. I only wish I could do that with my LEAPS. (Note: I can only do 'good for day' orders, and I don't want to be setting them everyday.)

I hope BAMBI keeps it up! Maybe someday we will hear about the BAMBI indicator on CNNfn. :-)

Is it 'Trader' Berney yet?

Christopher
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