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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?

To: RocketMan who wrote (7114)	5/1/2000 6:11:00 PM
From: edamo	Read Replies (1) \| Respond to of 8096

rocket...."using derivitives is not gambling" how true...it's not the derivitive that incurs the risk, it's the less then astute investor who tries for "ten baggers"... to state that option buying should be with money that you can afford to lose, brings it into the realm of "gambling"....you should not approach any position with the "i can afford to lose" mentality...this very same mentality oft times precludes taking profits.... so enlighten me...what quality stock/company saw ditm options go from $50 to .50??????????...and i underscore quality, as in a company with earnings...... if you have a full knowledge of option strategies you would find that they do meet conservative standards....