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To: Gary Ng who wrote (96204)1/14/2000 3:40:00 AM
From: nihil  Respond to of 186894
 
Yes, I guess everyone benefits. One of the demoralizing things about owning AMD (I bailed at 28 and put all that was left in INTC OTM calls last month) is that one is tempted to hype the stock to reduce your loss, so that the bigger fool buys it from you. Hard to sympathize with the bigger fools. I thought that Jerry's comment last meeting that AMD was a loss that he had invested his life in was pitiful. Almost felt sad for him. Hard to sympathize with those super-rich and badly dressed INTC executives. So I invest with them and sympathize with the losers like Jerry.



To: Gary Ng who wrote (96204)1/14/2000 3:48:00 AM
From: nihil  Respond to of 186894
 
ABWatley spelling corrected !!!!!!!!!!!!!!!!!!

Try ABWatley - abwatley.com -- but I do well at etrade. I always ask 1/8 below the ASK, and bid 1/8 above the BID, except on options cheap enough (<3?) to be priced in 16ths. Watch the official B & A, and if your b or a does not appear, call them up and ask them why not (be sure to dial them up before you start, very long waits are usual). Say you want an "agency trade or execution." The computer data are sampled, and the best bid and ask are not always displayed. Toward expiration, its okay to buy and sell at market to close because the B & A spread is very close. But fight for those teenies!