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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: Gottfried who wrote (20926)	6/8/1999 4:28:00 PM
From: Tommy Dorsey	Respond to of 34811

It's a very important chapter because I cut all the BS out of it. Options can get so complicated and the average individual simply needs plain vanilla to use them effectively. When you get into Theta, Vega and Gamma and Alpha you have gone too far. Although these are imporant concepts for market makers individuals only need to think of rules of thumb to do well. Optins can really be simple and a tremendous tool to use in risk management. It's imperative everyone learn the basics of them. Tom