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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: Jenna who wrote (6896)3/31/1998 9:55:00 PM
From: Jerry Olson  Respond to of 120523
 
Jenna

I'd like to second that<g>...Last, sorry for the indiscretions.....it's my smog filled mind......

I am kicking myself for selling CA & CCL & etc etc etc...after I've said it here about a billion times....

In a trending market you can and should hold options and stocks longer..the payoff is enormous....

We all have touched on the subject of stocks after they announce eps, they get hit for 3-4 day period and then zoom onward and upward...

seems to me we should at least be willing to hold the good stocks in the good sectors for this nice run we're having...

BTW FWIW, I had a question answered directly to me By Tom Dorsey ...it was about options trading...He said simply buy an option for the same reason you would have bought the stock, BUT HOLD IT ALL THE WAY OUT TO EXPIRATION..........Why? you ask?<g>...because, sure you may get killed on a couple of your selections, but all it takes is just 1 good option you paid $5 for and then you sell it for $50!!!!!!!! That was his basic answer to me....

Anyway, sometimes I forget where the hell I'm at, so forgive the crazyness.......I certainly don't want to clutter this wonderful thread.....

Ah folks, we're rockin' and rollin''' 9000 here we come........