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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (12374)	7/20/1998 10:42:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

watching MSFt again..

To: Electric who wrote (12374)	7/20/1998 10:48:00 AM
From: ViperChick Secret Agent 006.9	Read Replies (2) \| Respond to of 42787

Electric I watched this option it had nothing to do with options expiration on a October option NOT WITHIN A DAY OF THE ANNOUNCEMENT it had to do with loss of momentum on a news related surge that accompanied a surge in premium and people need to understand that if the are going to play a split if the surge had continued they wouldnt have stripped the premium <When you buy out of the money, that happens everytime.. The first 1-2 points, you are flat to up a little..> not one strike out and not 1 1/2 point move in the stock and if this happens to you everytime then you are definitely trading different stocks than I am example ...buy PFE on Friday one strike out on PFE about 4 1/2 points out of the money when bought today option up 11/16 stock up 1 7/8 this is the type of trading I am doing (except I screwed up and bought the wrong strike on PFE) 2 of these kinds of trades a day give me a grand a day but two of those same kind of split plays dont give me *&^% and tie up capital that cant be margined to buy something else