Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Dorsey Wright & Associates. Point and Figure -- Ignore unavailable to you. Want to Upgrade?

To: VikingWarrior who wrote (8191)	5/24/2000 4:13:00 PM
From: X Y Zebra	Read Replies (1) \| Respond to of 9427

Be a politician! Buy a partial position here. If it goes up from here, congratulate yourself on how smart you were. If it goes down, be pleased that you have the opportunity to add to your position at a lower price. I hate politicians ! Sell a put option instead, at a price that you would not mind owning the stock... If the stock goes down, then you get to buy it (at the strike price), AND congratulate yourself for receiving the premium. If the stock goes up, then congratulate yourself for receiving the premium, (which hopefully, the put option will expire worthless)... In this market there are good chances you may still get to buy it later, and not necessarily at a higher price. Either way you win... (imo)