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Strategies & Market Trends : Point and Figure Charting

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To: Lost1 who wrote (12399)1/7/1999 2:32:00 PM
From: james ball  Read Replies (1) of 34823
 
Lost 1, great idea on internet streaming. We'llhave to look at that. As far as options are concerned the best book out there McMillan. The only problem with options is they get very complicated and the vast majority of strategies don't work for the average individual. Therefore most of the book will be an exercise in futility. Having developed and managed an options strategy department for 9 years at Wheat First Securities I know what works and what doesn't. Simple only works in options. conversely I am in a hedge fund where half of the money we invest is backing options traders on the AMEX. the reason for their success is the ability use very complex strategies without paying commissions or margin. Most strategies for individuals should be confined to buying calls and puts and covered writing. That can be learned in 1 1-2 hours. tom
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