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Strategies & Market Trends : Lessons:"How to" properly exploit Price DROPS, in stocks

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To: Jim Goodman who wrote (646)3/23/1999 12:53:00 PM
From: Jeff Meek  Read Replies (1) of 660
 
Here's a couple more questions, one of which has been bugging me since Post 0 =)

1) What does the sm in "PSYCLE sm" stand for? Are you using it as an abbrev for system, as in "PSYCLE system"?

2) You recommend LT, ITM puts over shorting for overvalued stocks. But for extended undervalued stocks, you purchase the common outright, rather than buying LT calls. Why is that?

Thanks.
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