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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: TraderWithNoName who wrote (20041)	6/26/2001 7:12:04 PM
From: smchan	Respond to of 39683

All 3 were chosen due to a general history of high option premiums (5%-10%) month to month and, in the case of JNIC and ATML, a quick dd which showed me they appeared to be decent companies and not necessarily high fliers. That is, I would feel comfortable being an investor. I've wanted SNDK for a long time as an investment. I finally pulled the trigger today while watching the options premiums. I'm playing SNDK in an IRA, so there are no tax consequences. ATML and JNIC are in a regular account, so I prefer not to be called out but am prepared to be if necessary. I have not incorporated an exact plan for entry and exit based on technical signals which will probably be my undoing. However, I am playing all of these very lightly so even a bad lose points wise won't be so bad for my bottom line. In other words, I'm experimenting and having fun. Sam