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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Greg Jung who wrote (31250)10/11/1998 1:52:00 PM
From: Gersh Avery  Read Replies (2) | Respond to of 94695
 
Hi Greg ..

Read an old survey (10/97) Friday. Of the people asked only 19% correctly stated that the DJIA was a collection of prices of 30 stocks. Most of the rest thought it was the name of a stock.

Now .. that would imply that most of the holders of 401k plans have no idea at all what they have invested in. Combine that with the commonly held belief that retirement funds only go up in value ..

Quarterly reports are in the mail to these people now. The period that the report will cover is for the full fall from ~9300 to ~7600. Most of the time if there has been a pullback over the period of time that was covered it has been masked by ongoing contributions .. not this time.

Gersh



To: Greg Jung who wrote (31250)10/11/1998 1:53:00 PM
From: Gersh Avery  Respond to of 94695
 
Hi Greg ..

Man .. is server buggy today or what??

Gersh



To: Greg Jung who wrote (31250)10/11/1998 5:39:00 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Greg,

The technique is called "scalping." It refers to a quick move of an option in one direction, you purchase it with an open order and then it returns to it's prior level. By all or any means, get out then!

Some can do this several times a day... THEY are good.

Pick the right stock and you got yourself a doubler. For EXPIRY week, I look for the 16 bagger or I don't go after it. I think one of the CCE options has a 16 potential.

BWDIK?

Bill