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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: up3up4 who wrote (31910)	10/30/1999 12:13:00 PM
From: Terry Whitman	Respond to of 99985

up3up4. I am the wrong person to ask about options. They are the quickest way to the poor house IMO. Way too risky for my tastes. They should only be used for hedging purposes to reduce risk, by selling them is my belief. I'm sure there are thousands of people that will tell you they made a killing on options. Most of them end up losing it all back. There are also thousands of people that have hit Vegas jackpots too. The odds are similar. edreyfus.com is a good site to price options. Almost any online broker will trade them for you. It is easy money for them. <g> Regards, TW