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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (32967)9/26/1998 4:27:00 PM
From: Broken_Clock  Read Replies (1) of 132070
 
MB, I can't say for Ligand but as for NEM, I took your advice and took the yr2000 30s. I used a 1/3 approach but bought the last batch at 1 1/2 which took my basis down to 2. I sold enough yesterday to get back the original nut and still have the profit riding, which in this case turns out to be almost 2/3. So, in essence, thanks for the advice. I found that leaps are much less stressful and on the basis of one trade, much more successful.

I think I speak for some others when I say that it is not too difficult to find a good trade, but it is much harder to learn how to correctly play it. Once again, thanks for the 90/10 approach.
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