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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (37456)	3/23/2001 7:35:01 AM
From: JDinBaltimore	Read Replies (2) \| Respond to of 50167

My Dear Ike, The way I trade is all in my post. No stock is being shorted by me. Purly Options. Take a look at the post that I've been placing since January. CIEN, BRCD, BRCM, SCMR. Rarely do I buy any options in which expiry is less than 3 months out. The stocks listed above I was buying Mays in January. look at the charts! I believe they tell the story. Sure you erode a little on the UP days, but those puts are so far in the money, who cares... Just ride the wave. During the last 2 expirations I been writing on the same stock options, although a bit hairey, but pocketing some nice premiums, as the bulls calls expire WORTHLESS! Ike on your 3rd point it was still a 100 point loss yestrday, Naz was strong all day, but look at the options on those stocks 5 point loss, at the most. so what! Best