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

To: TREND1 who wrote (75055)	10/27/1998 10:04:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 176387

Larry well this option trader is been on SI for over a year and traded options that entire time...so my shelf life is longer than 6 months but I also had a very expensive education in the beginning (and still do sometimes) and why I urge caution in the "gravy train Dell option ride"

To: TREND1 who wrote (75055)	10/27/1998 11:04:00 PM
From: Zeem	Read Replies (2) \| Respond to of 176387

Larry - Now you know two! I've played Options, seriously, for the last three years. And I've (no brag) made a pant load of money! I also lost some (-10 Grand on pre-split Walgreen WAG last October, and a bunch of smaller ones too numerous to remember) However; if you follow a good company (fundamentals) one part luck one part good timing and consistency make for success in Options (on the average). Win 4, lose 2, etc. Now I almost gave up after my first loss, it scared the hell out of me. And, at the time,I was only playing with 2 to 12 Grand! Now I play with 18 to 30 Grand on my plays and I'm not as scared as I used to be. I mentally except from the start that I have lost all the money. Any thing else is gravey! No, I don't recommend it for most investors and if some one does get into the game they should take an 80% to 90% position long in the market and play with only 10% to 20%. And never go margin unless you have a butt load of long position stability! I have doubled my Dell returns from my long position this year and last. Yes it might have been luck so far but, I'll take it! Cheers