Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: John Trader who wrote (60261)	2/11/2002 12:48:02 PM
From: John Trader	Respond to of 70976

ST-Trading, AMAT buy orders in at 43.125. I think the odds are good it gets there sometime in the next few days or weeks. Back in 95 I tried this sort of thing for the first time with MSFT, and it checked out on me instead. I was going for too much downside though. I realized my error and bought it back higher, so only missed a small part of the run. Hard to forget those mistakes, however. John

To: John Trader who wrote (60261)	2/11/2002 12:59:29 PM
From: Tito L. Nisperos Jr.	Respond to of 70976

John, People say in Option Calls, buyers lose and writers win. It's true for very short term Options. That's why it's better to buy LEAPs --- so one has more time to correct mistakes. Although in the past I did well in short term options, my YoYo demo concentrates on LEAPs, RollingOver the investments from time to time taking advantage of the YoYo habit of the stock. The stock is sluggish this Bull market around so option investors especially beginners should be extra careful --- by using LEAPs. I myself have problems with short term Options (many expired worthless). So this YoYo demo serves also as a good strategy to stick on in these times when the Market is not as healthy as it used to be.