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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: robin 187 who wrote (58559)	8/17/1998 10:53:00 AM
From: AlanH	Respond to of 176387

Robin, re: DELL calls... All just an opinion: It's difficult (if not, impossible) to guide someone without understanding their psychological, financial threshold for pain. There are a few common guidelines which may be helpful toward any trade... * Educate yourself on possible options strategies. * Establish a game plan before each trade: a) visualize a price range for the underlying [eg, DELL]; b) establish mental or hard stops; c) determine contingencies for holding, partial liquidation, etc. * Adhere to your game plan. As anxiety mounts decision-making tends to be erratic -- decisions are made more rapidly and frequently. This can be deadly, given that trading behavior may become attached to every undulation in stock price. In my observation, a common tendency is an attempt to "get even" -- entirely emotional. Therefore, you may wish to take a step back, regroup and enter ONLY after you have developed a plan for exit. This is opinion that I'd offer myself given a time-machine (and believe me, I've been in your shoes.) Sorry to read of your misfortune, and I hope you'll be forgiving of yourself. Best of luck to you. Alan