The OEX... gasp! Message Board

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Strategies & Market Trends : The OEX... gasp!

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To: wing chan who wrote (201)	12/13/1996 6:21:00 AM
From: Jerry Rosenberg	of 658

OEXLE target? Sorry Chan, "targets" are for investors. I try (IMHO) to be a trader. A Day trader. I buy, I sell. As long as I sell at a profit and my winners are more than my losers, it has been...a good day. You may find the price decay on options are contrary to the buy and hold ideas. I know that some services use the term "target" when advising an option purchase but beware of even thinking of price target and time targets at the same time with options. Friday is options expiration date, at the end of that day I can give you a price target. It will be $00.00. Until then, if it gets to more than you paid for it -sell! Not all trades are winners, many super pro's lost yesterday. As long as your winner exceed your losers, you get to play another day. regards

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