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


To: TraderWithNoName who wrote (27227)10/12/2002 4:15:19 PM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
As I said earlier, I've already written off the INTC puts as a total loss. I haven't had an option go worthless on me for over 2 years, but I just wasn't paying proper attention to this one, and I got what a sloppy trader deserves.

I agree all this is happening in an ongoing bear market. As a result, I have about half a dozen on my PUTS watch list for Monday. I've been able to scalp some nice gains with this approach lately and I don't think the bear is quite ready to roll over and die.

OTOH... I may be wrong... (how's that go again?) ggg