Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?

To: James H. Irwin who wrote (30790)	12/10/1997 11:38:00 AM
From: Kevin	Respond to of 58727

Hi Jim. Thanks for the post. >>>Valuable information you are passing along. My experience is that the decision to sell should be analog and not digital. By that I mean that you can sell part of a position...or scale out...just like you might scale up a position or add to it. <<< I agree with you completely. However that does not mean I FOLLOW this completely <<<g>>>. I'm always willing to learn, and watching positions like JBIL go down the drain teach at alot at expiration each month. Matter of fact, the Dec 60 calls are my only dead position this month. Not THAT'S a step in the right direction since I used to have multiple ones like this! See ya. Kevin

To: James H. Irwin who wrote (30790)	12/10/1997 1:05:00 PM
From: James H. Irwin	Respond to of 58727

<<??Bad taste??>> I just gotta call asking me if I knew where the Boris Yeltsin puts were trading? Any help/comment?

To: James H. Irwin who wrote (30790)	12/10/1997 8:09:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 58727

Jim; RE:" Reminences of a Stock Operator " I remember reading this classic when I was a teenager in the '60s. "Jesse" traded back when there were pools of investors engaging in accumulation and distribution - which was legal before the great crash. He was a tape reader; had an essentially paranoid view of the market ("they are moving Chrysler today"). Many people feel more comfortable with the illusion that they are playing some kind of game against them. "The MM's are moving Microsoft today". I suppose it is more comforting to have some paranoid illusion of manipulation, rather than to live with the notion that there is no rational order to the market. As in dreams, where all the monsters and characters are (according to Freud, at least) manifestations of YOU - I wonder if our illusions of them are really our own egos and fears -? Anyway, great old book, indeed; though sad, as he died penniless after blowing his brains out with a revolver. "Jesse" would have loved index options. -Steve