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


To: zx who wrote (922)3/22/1998 11:20:00 AM
From: the options strategist  Read Replies (1) | Respond to of 2341
 
Ag, help me here please with my continuing ed. Two questions.

1. At the risk of sounding really stupid, I keep seeing the term "imo" what does it mean?

2. I did not get into pfe fri and want to get in mon as a trade.
I cannot afford to longterm invest now (trying to regain lost money).
After 20/20 broadcast fri. nite I think pfe will probably keep going
next week. If you were just getting in on mon, would you buy at the
market mon. morning, place a limit order or wait for a pull back.

I read never to buy at the market. Yet this stock may take off.
What do you think.

Thanks. Jen