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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?


To: David Lind who wrote (796)1/5/2000 8:30:00 PM
From: Elmer  Read Replies (1) | Respond to of 1235
 
Re: "Days like yesterday are a very good reminder to all of us of what can and will happen from time to time. Play too many of these guys too close to ATM, and it's good bye to early retirement!"

It cannot be stressed to often. Play this game with junk stocks and you will end up owning junk stocks. If you have the cash/margin to ride things out that may be worth the risk, but with limited resources, play the quality companies.

Re: "Are you following a regular stable of stocks like Tom, or playing the field?"

I have a list of companies I follow. Most are high tech.

EP