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

To: Mark Z who wrote (895)5/30/2000 11:56:00 AM
From: TradeOfTheDay  Respond to of 10876
 
well Mark - I am trying to become a grown-up trader - and take my &*^$ losses - really I am !

and realizing , if I am going to trade options , I will have to take those losses quickly - or I won't be trading anymore! esp on the OEX

I have been waiting for these 2 days. I will most likely close them out at EOD, win or lose. I am counting on the fact that the MFs HAVE to have up closes the next 2 days... and believe me- if it doesn't happen , I am buyng puts like crazy

off to the dentist... think heavens for my Palm 7



To: Mark Z who wrote (895)5/30/2000 12:02:00 PM
From: TradeOfTheDay  Read Replies (1) | Respond to of 10876
 
"Another 'option' (no pun intended) is to roll them at the end of the day if you think the current trend will continue. Take some $$ off the table and roll down (if puts) or up (if calls). If you're wrong, you don't lose as much. "

thanks for this advice.... will do it



To: Mark Z who wrote (895)5/30/2000 2:24:00 PM
From: TradeOfTheDay  Read Replies (1) | Respond to of 10876
 
hey,hey,hey-

came home to CSCO having broken down R1

now for R2 !


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