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

To: im a survivor who wrote (12194)	1/23/2004 11:16:42 AM
From: Sig	Read Replies (1) \| Respond to of 13815

My investment adjustments for yr2004 have worked well so far. 1. With 17 stocks, 13 are up for the day and 3 are up over 4%. 2. They are not all techs, so I get some benefit when dow is up and nas is down. 3. When buying calls I concentrate a bit more , buy 10 or 20 of the more likely ones, instead of just 2 or 3. Taking profits was good, sell some to cover the costs of the rest, but never sell all of the ones going up - thats where the real gold is. 4. The only way I have found to keep from overbuying is to remove money from the account. It forces me to sell , perhaps not at the best time, but so far its better than not selling. 5. I have been buying leaps on such things as Dell, Intc, Yhoo , Nt etc. These happen to be stocks I do not recommend to others since I feel they are too well controlled by the Street. Success requires that the market goes up, and that the time premium can be overcome. I have probably overpaid for some of these, and will have to be more careful to buy at at low prices. And to buy fewer on the well-known stocks. So my Leap investment policy is not settled yet. FWIW Sig