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Non-Tech : Netpicks -- Ignore unavailable to you. Want to Upgrade?

To: ben luong who wrote (100)	11/8/1997 9:28:00 PM
From: Graham Marshman	Read Replies (2) \| Respond to of 106

...and on the other hand, I use Netpicks and I'm doing fine. In response to some of these points: 1) Sure you get losses - if you're not prepared for these, don't trade options. 2) I've always traded at the same prices, buy and sell, that they've advertised, sometimes better. 3) I use Pacific for a brokerage on options - they did real well during the high volume days, and are real economical (read cheap) - $1.75 per contract, $15 minimum. 4) I paper-traded for the two-week trial and I'm not seeing any difference in reality. You sound like you don't like the risk involved - sure when you get a 500+ point drop out of the blue you can lose money - with options, you can lose money anytime, but I've already made back my losses for this period. The 200% gainer on Friday for a 2-day investment didn't hurt. Up AND down can be fast! Note that Netpicks wrote-off the outstanding options and called October a no-bill month - we, in reality, have been playing them out and are getting a few bucks back. It sounds like you've never really used them, just come to an intellectual rejection. Let's hear from more people, like me, that have real experience, Graham