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To: Angelo J Cici who wrote (2300)3/9/1998 2:00:00 PM
From: Yin Shih  Respond to of 3506
 
Angelo -

Generalities I can get from primers; I was trading covered and naked calls and puts 20 years ago. In any case, I'm not sure I can reconcile your advice on a "permanent" core position with "naked" puts. I also can't reconcile your comment on using margin up to $5K with $800K positions in INTCW. But, what I'm specifically interested in are the two claims I've seen you make on ORBI and INTCW. I would normally never ask the details about someone's financial investments, but since you publicly tout your gains from these two investments, tout your experience, and denigrate others lack of experience, I think it would be interesting to find out.

What information did you use; what criteria did you set; why ORBI and INTCW versus anything else; why warrants versus calls on INTC; why did you buy at $8 versus $20 versus another number; why did you sell when you did versus another time; did you actually buy at the bottom and sell at the peak or was it a paper gain; do you set stops and did you get stopped; how often were you in and out and when and why; were you long, did you hedge, or were you covered or naked; what were your trading expenses in proportion to your profit; did you calculate risk and how much did you take; how often did you get margin calls and did you make the call; what were the totals of your other gains and losses in proportion to these gains? In other words, the nitty-gritty.

I know this might take a while to write up, but if you turned $20K into $150K in ORBI and $16K into $800K in INTCW as you claim, then you can sell the fleshed out writeup as a book and gain a following as an investment advisor. Your future career awaits you.