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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (4010)9/18/1998 7:25:00 AM
From: Jurgen Trautmann  Respond to of 11051
 
Steve, I heard that yesterday in NTV from Mr. Markus Koch

This is by far the best business-report for my, he NEVER told shit.

re "timing":
my -special- problem is, that late-coming (no hidden hint to AlBandia's president) is extremely expensive when you buy options. You better know than me that most option-formulas brake during volatility and accelerate during rallies.
So I'm more chicken to miss a rescue than to share a dip - every valley has mountains on each side.
Another problem: "Bargain-hunting" with options is difficult because you must wait for an execution - sometimes 15, 30 minutes. You also must wait for changes and cancellations, and you need a few seconds till your order is present at your exchange - often too long for getting the previous ask...* All together that's not the right medium for extremly short movements - nearly impossible to pick adequate gains during a deep rebound.
So I'm not unhappy to buy "too soon" - but this should not be misunderstood as recommendation for share-traders!

* My current broker "CompuTel" trades over US Clearing - without any doubt this is the fastest option-clearing I've experienced so far. In cases of problems I got comprehensive histories of the related trade only hours after my query.
Although I cannot recommend "CompuTel" in their current state because their "new" frontend is that slow that you need minutes for a simple action. (I'm allowed to use their former userinterface which is simply designed (no grafic-gimmicks) and therefor very fast - more, I use it probably more or less allone...)