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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: freeus who wrote (9778)10/25/2000 3:18:03 PM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
Thanks Freeus....I am beginning to agree. I think trading calls takes a certain type person. First, you must be able to take profits. I am one of those folks that simply hates selling anything that is moving upward. It's called the greed factor, yet I have no problem selling something when it is down<ggg>. I don't think that is a very good combination.....Plus, one must have patience. If the call is more then a few months out, well, we all know with the volatility today, that lots can happen within a few months. If your patient and can withstand the downtrends, you should be able to use a pop to get out of a call that went against you.I am not a patient person by nature so again, not a good combination for trading calls.

Anyway, this market is like an emotional rollercoaster. I was so convinced on monday that we had seen the worse...I mean I was really confident about that. I felt like my personal portfolio as well had seen the worst and was going to start seeing some nice appreciation. Somehow, just 3 days later, I am back again to the lowest level I have ever been at...It is simply a mind numbing experience.

Allright, better stop with the whinning now befpre I get carried away....I sure hope certain folks have me on ignore by now.

Happy trading

keith



To: freeus who wrote (9778)10/27/2000 12:30:22 PM
From: Uncle Frank  Read Replies (3) | Respond to of 65232
 
Hi back at you, freeus. Sorry it took so long to respond, but I decided to take a holiday from the market and am in Mexico. I´m sending this from an Internet Cafe in La Paz. Mexico is beautiful, and I'm having a great time in La Paz - caught a 25 pound yellow fin tuna yesterday, and had the best sashimi last night I´ve ever eaten. I cut loose from the group today, and am wandering La Paz on my own. It´s a great adventure. About the only problems I have is they provide Spanish keyboards at the Internet Cafes, so my typing speed is about 10 wpm, and the cab drivers are insane (lol).

Best regards to the Porchers from Mexico,
uf