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To: Ibexx who wrote (11895)1/29/1998 12:02:00 PM
From: MulhollandDrive  Respond to of 77400
 
Ibexx, I really do like your strategy. You seem to have a very keen method of "distributing risk". Hopefully you made enough from the 1/3 you sold to initiate another position "on the house"....I'm still learning how to time these things (especially entrance) but can say that I have yet to lose any money on any LEAPS trade I've done, but looking back, I certainly could have time my entry better and have an even better return. Amazed that more don't use LEAPS in their investment portfolio....You were the first person I noticed posting anything on LEAPS (LU), maybe you should start a thread on the subject.:) bp



To: Ibexx who wrote (11895)1/29/1998 1:02:00 PM
From: JRH  Read Replies (2) | Respond to of 77400
 
Sorry for the beginner's question.....

What exactly are leaps? Thanks...

JRH



To: Ibexx who wrote (11895)1/29/1998 2:08:00 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 77400
 
OT

Ibexx, correction, I do have one LEAPS position currently underwater, CPQ. What are your feelings about the DEC buyout? Thanks,bp