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To: Berney who wrote (2325)4/15/1998 11:00:00 PM
From: MonsieurGonzo  Read Replies (2) | Respond to of 11051
 
Berney; RE:" Pacific Brokerage "

I just checked the cost of buying or closing 10 HWPHM HWP Aug 65 CALLs at E*TRADE and at Pacific Brokerage, Berney. PBS charge $1.75 per contract, $15 minimum, or $17.50 for the trade. E*TRADE charge $37.50

I'll open an account there for trading options, and then use E*TRADE to sit on the LEAPS.

You'll be a very good trader Berney, because you will have a sharp pencil when it comes time to cut your losses. With a little T/A and getting a feel for the market/stock's sentiment, picking entry points can become surprisingly easy.

It's what you do after you take a position that separates the great traders from the merely profitable ones. Knowing when and how to exit is the most difficult part, IMHO.

-Steve