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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (8975)	9/4/2002 5:22:01 PM
From: Sig	Read Replies (2) \| Respond to of 13815

Re Trading: Things are lookin up. I have been playing with stocks since 1950, and possibilities never looked better. It used to cost $200 or $300 to buy maybe $2500 of some stocks. Today its less than $10 for any amount. You needed $50k to qualify for trading options or for margin use. Was lucky to make 22% a year, and the broker got 1/2 Today I got the HOV Sept 30 calls for $2.60 , now worth @4.10 which equals 60% in one day. I bid too low on the 35's so missed, they went from 0. 35 to @1.05, or a gain of 200% Dealing only in calls as I once did was not good( for the present market), now I have balanced it out with puts. and things are looking much better. Sold 1/2 my C and Leh puts today for a good profit and perhaps should have sold them all but kept some for insurance . Dont have to bat 100%, 60% is enough. Regards Sig