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Strategies & Market Trends : Option Trades -- Ignore unavailable to you. Want to Upgrade?

To: scotty who wrote (474)	1/16/1998 1:52:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 2341

scotty, I was probably early on ABX but I got it on the bottom and road up for the whole week.I am trying to avoid the mistake I made yeasterday.Don't want to get too greedy.The oils are volatile.Probably better played with cash account and trade the intraday.Buy at the last 5 minutes and sell at the open(do this when trend is clearly up).Options are wicked in the oils.You better have guts cause these stocks will swing $4 in a day or more anf you won't know where it will end up!.SLB is my favorite,It has volatility like msft, ibm, etc.But once it finds its direction you better hope you got the right option plugged in. Looks like gold wants to go higher this afternoon. kitco.com See any good puts out there?Hard to tell where we're going next week in this market... dave ps.what options are you in for gold?I looking at NEM or ABX for FEB to jump back in.I want to go for some in the money calls...ABX Feb 17 maybe.