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Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
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To: Carl Fritch who wrote (1177)1/8/1999 11:56:00 AM
From: Carl Fritch  Read Replies (1) of 2241
 
Thanks for responding... It appears there may not be much
interest in this idea so unless I hear more positive feedback
I'll forget about it....(at least in this forum)

The foolish 4 is a Motley Fool's variation of the well known
"dogs of the dow" strategy (http://www.fool.com/ddow/ddow.htm).
It is a well know and very well proven method that averages 17%
to 26% returns a year.

My idea is to use the foolish four as a starting point and buy
LEAPS as far out as you can get. This gives you greater
potential returns than just buying the stocks and much less risk
than buying short term options.

If you combine that with Technical Analysis to attempt to
maximize your picks I think it could be a good way to buy options
with much less risk.

Thanks,
Carl Fritch
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