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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: flickerful who wrote (5501)10/6/1998 1:08:00 PM
From: robin 187  Read Replies (3) of 44573
 
Jerry,
I've been reading this board for several months and have learned more in those 2 months from these boards then from anything else in the last 3 years of being in the market. Please understand that I'm trying to learn and I even hesitate to post here because I just don't have the knowledge that most of the posters here have and it can be very intimidating even to ask a question. The reason you ask? is "you'll think it'll be a stupid question of course!" Anyway, I'm going to go ahead and post my questions and hope you all will bear with me as I learn.... Regarding YHOO, I just bought some calls yesterday and today and with earnings coming out tomorrow and all the upgrades it seemed like a good short term trade. Maybe sell tomorrow before they announce and hopefully locking in some profits. You sound somewhat negative or unsure at how it's acting right now... what are your thoughts and suggestions on how to trade these calls. I've learned that alot of traders buy on the rumor and sell on the news but I've become so defensive in this market climate that I'm afraid to even hold for the earnings report. Appreciate any and all thoughts on my post. Thanking you all in advance....

Robin
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