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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: robin 187 who wrote (16477)	10/8/1998 2:42:00 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 120523

Robin YHOO coming back...if the market rallies here so will YHOO....

To: robin 187 who wrote (16477)	10/8/1998 6:13:00 PM
From: Jenna	Respond to of 120523

Robin, I never buy more than 10 unless the option costs about 1 buck or under. Believe me that with 10 you can make good money. with 30 you can make money, but you can also lose your shirt if the trade backfires. Today I 'missed' on YHOO, so I exited with a minimal loss about (800 bucks) and that beats what the YHOO 'longs' lost if they held through earnings. But when you win, it is usually about 1k per point and that is really not bad at all. I do admit some traders who use my picks make 5 times what I make on an option profit, but they can lose 10 times more on a bad trade.