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Strategies & Market Trends : Want to make $1000 a week trading.....I'm going to try!!! -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (776)2/18/1998 1:38:00 PM
From: Double Dipper  Respond to of 1100
 
Trade

Bought 1000 ECCS@ 4 1/8 Margin

Kevin



To: Mike McFarland who wrote (776)2/19/1998 12:02:00 AM
From: Mike McFarland  Read Replies (1) | Respond to of 1100
 
...ouch, down a penny. Next time I see
a penny on the street I will have to
pick it up. Maybe we will see a nickle
again on MINE, and then that can be
the magic double bottom.

The Sears puts did not work out too
well--lesson learned. Do not watch
TV--especially if Maria Bartiromo
is ranting from the floor--while
you are actually on the phone with
your broker. Thank goodness it was
not a very big bet, but flushing
a few hundred dollars down the drain
for no good reason always smarts. At
least there will be no commission
to get out...zero being my exit price.
Getting out of the dell puts quickly
was good though--realize your mistake,
swallow your pride, and move on.

Oh, the Sears puts were 5 at 1/2...so
$250 loss, expiring worthless I am sure.