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Technology Stocks : INTEL TRADER

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To: Jurgen Trautmann who wrote (3854)9/9/1998 11:33:00 PM
From: Berney  Read Replies (2) of 11051
 
JT, Your trades are a work of art!!!

I cannot tell you how much I enjoy have the privilege to observe. As Steve noted, it is simply not in the cards for me to be able to play LEAPS at this point, since I'm trading in a retirement account.

Let me put forth a controversial issue that Steve touched on earlier for discussion purposes (and by no means intended to offend). I feel like the student challenging the Master.

I would suggest that lemmings LEAP in a bear market. To this student, a 3-day trade on a LEAP just doesn't make sense. It seems that your profits would have been multiplied by a factor on shorter term options? I only ask to see your response and whether you have considered the issue.

Berney
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