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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (12034)	12/21/1997 4:31:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

Jim, You are missing the whole point of what I do... I trade options which is inherently risky. TO REDUCE THAT RISK... I make sure at LEAST the general market is in the same direction as the trade I am interested in. Or vice versa... So when I get a BUY signal, for example, I use the EXPLORER feature to find various stocks which may have a strong potential to move up... if I have an index of the group I also check that... then I chart the bejabers out of the small group of stocks left and I pick one. So far I have been right each and every time since I started using this method several months ago... but the BAD NEWS is that I frequently do NOT get into the option trade I pick because I have very high standards of risk-reward I insist upon to make sure I have a good CHANCE of making money. Bill