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

To: dennis michael patterson who wrote (31146)	12/13/1997 1:32:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 58727

>>Tom: I am interested in what stocks you'd buy calls on. I see the Dow coming back but the NASDAQ going further down<< Dennis--I would not buy calls on any stocks at this juncture unless you are a very nimble trader and if you do buy calls I would go out at least 3-6 months--so that you have enough time for things to work out. As far as individual stocks are concerned, I will post to Nancy on this subject over the weekend either on this thread or the "ideas" thread. But please be aware that I will be listing stocks that I am looking at as "investments" and not as trading vehicles. I am not as despondent about the market as almost everyone else seems to be as I peruse various threads--even the bullish threads have turned bearish or cautious -- but I am enough of a realist to recognize that we are in a sharp down-trend and so my horizon has to be far enough out and I need to be sure that I am protected on the downside. I am confident that using proper entry and appropriate protection, positions that I establish will pay off in spades within a year or two. But I do have this contrarian streak -- and my timing is sometimes off--which does not matter if one has the right time horizon when one establishes positions. Good trading