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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Michael R who wrote (11076)11/15/1997 5:34:00 PM
From: Jacob Snyder  Respond to of 70976
 
Re LEAPS: know the risks:

You can make a huge amount of money in LEAPS if you can do three things correctly: buy low, sell high, and do it in a pre-determined time frame. If you fail on any one of those three things, you will probably lose your entire equity stake. Ask yourself (and your spouse, and anyone else whose finances are affected by your investing choices), is this a risk you can accept? If there is any hesitation in your answer, then this game isn't for you.

Having read about 1000 posts on this thread, I conclude that it is wishfull thinking to believe anyone can consistently pick both the bottom and the top.

BTW, when my wife saw the AMAT chart, she said "easy come, easy go. Maybe I should go back to working full time."