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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: adcpres who wrote (27951)	8/18/2000 4:38:03 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 42787

>>Are you people using your TA decision points for trading options on indexes or .... << I do both myself. I prefer trading indexes but since we are so range bound and despite the low VIX, prices seem to be high lately on index options. Therefore, I have been trading stocks for the most part recently, both common and options. This week I mainly was scalping a point or two on common but then today I bought a LEAP and plan on buying more LEAPS next week as well as maybe some shorter term stuff. I generally try not to trade at all on a Friday and really hate buying on expiration day but I missed some real winners this morning waiting it out (CPWR and HLIT) so figured I should at least put a toe in. -gggg- This week I traded WCOM, WMT, SFA, FLEX, UTX and SBC. I gave up swinging for the fences unless we are DEFINITELY trending and just tend to grab small quick gains and let them add up. I prefer swing trading but when all you can do is day trade, then you have to take what the market gives you. Hopefully the lack of news coming up after the FOMC will allow less whipsaws. Good Luck, Lee