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Strategies & Market Trends : Option Spreads, Credit my Debit -- Ignore unavailable to you. Want to Upgrade?

To: the options strategist who wrote (844)	8/17/1999 11:48:00 AM
From: Ron Lambert	Read Replies (1) \| Respond to of 2317

Doing nothing is sometimes the best thing to do. Our goal is to move money from the market to our pockets, (loose quote from dongoro, who manages a web site www.oex.net). Let the market tell you what it's going to do then decide what you will do. That's my approach. I could have picked up 7/8 of a credit at the 710/720 first thing this morning but am waiting to see if it will break the 700 level first. I've made good money this month and am happy doing nothing for the rest of this week. I will not let a good opportunity to pass me by but I don't like to gamble, I want some odds in my favor before I make a play.