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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: ratan lal who wrote (15752)	4/8/1998 12:47:00 PM
From: RWS	Respond to of 94695

I trade a small amount of puts and calls constantly and have been pretty successful. Of course I try to pick the exact top and bottom, but it usually works out that I'm off a little. When my options are profitable I get ready to sell. So I don't know anything about "20X or 50X." I'm studying Elliott as well as other TA and I appreciate and take into account Mr. Plonk's predictions but I don't try to figure out exactly what he is predicting because he cannot be exactly correct. And even if he were exactly correct there's no way I would be able to trade it precisely. If you relax and allow for a lot of slack you can make a little money. RWS