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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: HH who wrote (32313)	9/6/1998 12:57:00 PM
From: Knighty Tin	Read Replies (8) \| Respond to of 132070

HH, Twelve steps to convince yourself not to sell winning option trades too soon: 1. Rig your phone to give you an electric shock when you call your broker's number. 2. Start huge arguments with your enablers, those who already have plans for spending your profits. 3. Tell yourself, "selling is what a technician would do." 4. Workout in the gym so strenously that the muscle soreness won't allow you to work a hand calculator. 5. "If you don't want to do it, pour yourself a large dose of Dewar's." After all, taking the Fifth is in the Bill of Rights. 6. Engage in a wild sexual adventure. At my age, that kills about 90 seconds of the trading day. 30 seconds more if a partner is involved. 7. Think about all the homeruns you missed by selling too soon. It is difficult to trade while kicking yourself in the butt. 8. Have your cake and eat it, too. Roll down on puts and up on calls, taking your profits but maintaining a position. This one not only keeps you in the game, it is a sensible trading technique. 9. Go to the track where "woulda, shoulda, coulda" is the name of the game and take your mind off your bigger bets in the market. 10. Get in touch with your higher power. In Houston, it is Houston, Power and Lighting. <G> 11. Apologize to all the people you have wronged, especially in front of their current husbands/boyfriends. Why should you suffer alone? 12. Just quote the great Zen philosopher, Hoyt Axton: "No-no-no-no, I don't churn any more, I'm tired of waking up on the floor. No thank you please, It only makes me sneeze, And then I find it hard to find the door." MB