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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: Uncle Frank who wrote (2764)	6/19/1999 11:19:00 AM
From: Jill	Respond to of 54805

Pretty funny, Frank. I agree. LOL for a long while now over Tech's constant successful options plays and his constant renouncing of them. Jill

To: Uncle Frank who wrote (2764)	6/19/1999 1:16:00 PM
From: t2	Read Replies (1) \| Respond to of 54805

Uncle Frank, I resisted options for a long time but it got very tempting this month. I had still become conservative in holding only in the money calls (except the odd day or 2 day trade). I don't have any out of the money calls except leaps2002 on MSFT. I have come a long way and still have a way to go. Last year i would have gone as far out of the money as i could. This month has been too tempting; i plan to make some more cash on call option in MSFT and buy shares in a few weeks. If i had been my old self in thes last 2 weeks, i would have been on cloud nine or cloud 10. After these couple of weeks, i am going to take a vacation (from options) until very late this year when i plan to load up a bit thanks to the Y2K panic. I still won't bet the farm. Those days are over. That is going to be one hell of an opportunity--that i won't be able to pass up. That still gives me a few months to relax! In a month or so, i might be ready to build a G and K portfolio.

To: Uncle Frank who wrote (2764)	6/19/1999 7:19:00 PM
From: t2	Respond to of 54805

The reason for your success is that you did it without options trading <g>. Frank, If i was to tell anyone how much i made in options in just over 1 year, they would not believe me anyways. My broker said I should write a book. I don't mean to brag (sorry). Of course, the problem i faced several times was that i could have been penniless if the market had a prolonged downturn. Whew!!! I have never gone through so much stress in my life. The way LindyBill made so much in only about 7 years, buying stocks and no margin is just unbelievable to me. On the other hand, I just rolled the dice lots of times. I am tired of going to the casino and therefore I do not take risks like i used to before. I have just started taking golfing lessons to occupy some of time during the day. Going to cancel the cable channels with CNBC soon---right after the July earnings releases (maybe). Once i have a G and K portfolio with some balance, i plan to give up trading. Going to become a golf "addict"---at least you get more exercise that way. I have realized that there is no end to greed. More money is not going to change my lifestyle--so why not enjoy life a little bit. I am going to start following this thread once my Microsoft stock and options trading has run its course..