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Strategies & Market Trends : Trader J's Inner Circle
NVDA 174.01+1.8%3:59 PM EST

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To: Trader J who wrote (11769)3/24/1999 8:10:00 PM
From: Poet  Read Replies (3) of 56535
 
Hello All:

After a rotten trading week last week, I'm yet again taking baby steps, making only one trade today: DELL. It looks as though a number of us were in it today. I hope the strength continues tomorrow. If it does, EPAY should be strong as well. Another recent IPO favorite of mine, ITRA, languished a bit today, but I'm watching it closely, as it's a volatile trader.

Max, I'm interested in this options straddling stuff and have to admit I don't quite follow. If you buy both puts and calls on the same stock, don't they cancel each other out? And how do you determine what's a good strike price?

I just got back from my first kickboxing class and all I can say is it's a bitch to get old. I had fifteen years on the other students in the class and felt like I wanted to die after an hour and a half of jabs and roundhouse kicks. Time for aspirin and bed.

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