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To: Sig who wrote (12381)2/25/2004 12:41:55 PM
From: im a survivor  Read Replies (1) | Respond to of 13815
 
<<My new "no panic" style investing is working well today.Am looking forward to collecting in Jan 2005 with Leaps on Qcom,vrts,dell,intc,jnpr, glw,siri,yhoo,and nt.
Only yahoo is down today.
So now there is not much to do everyday and I get a lot more sleep.>>

How is this 'no panic' investing?? First, you certainly stand to make abetter profit with options over stock, but you also could lose alot more....additionaly, stock doesnt expire, while options do...I thought I was fine with leaps on RMBS and several others, but they all expired worthless, while if I had held the stock instead, I would not have lost, as stocks came back after leaps expired.

As far as sleeping good at night...dont sleep too hard, as you may wake up and see massive % losses. IF the market tanks, those options are going to tank a much higher %....but good luck......hope you make out great