Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Working All Day, But Trading Behind the Bosses Back Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sheri who wrote (422)	2/4/1999 10:02:00 PM
From: Mark[ox5]	Respond to of 779

On a business note... ABOV which I have been touting for 2 weeks, and sold for a lousy break even... I think past Friday (starting to have a hard time keeping track of all these sell points) looked like it broke out today.. went to $32 (of course I sold around $28 last week) on huge volume (for it) Compared to EXDS, this is a $50 stock... but alas, Im all tied up in options to the left, options to the right... ugh Well even if I'm not in the stocks, at least Im picking good ones LOL Now someone please fed-ex me $100,000 so I can buy some stock.. thank you :) Mark

To: Sheri who wrote (422)	2/4/1999 10:13:00 PM
From: Mark[ox5]	Respond to of 779

P.S. For everyone on the thread....I want everyone to note options are not that hard to educate yourself about.. at least the basic form of them. I basically went to this site cboe.com and read the "Education" section.. and learned... and a few other sites recommended by others when I first started having an interest. I use them very aggressively, but they have an alternate use and that is as a hedge against downturns... There is a very helpful thread on here for newbies in options...something like "help me Obi-Wan Knobie on Options" Also this site is good if your just looking for specific option prices strikeprice.com Overall, if you stick to basic puts and call strategies its not that hard... just remember how you felt way back when, when you first started learning about stock investing... that seemed overwhelming too. There are many option strategies, some of them, very instrinsic and complicated.. and thats where all the risks and confusion come into... but with the basic PUTS, CALLS you can leverage yourself for gains, and limit losses... take about 2 weeks to learn about them .. and make sure you understand how they work before trading. And remember, they do have the risk that they can expire on you and you can lose your entire stake in them! But they are worth learning about to use in maybe 25% of your aggresive portfolio... more for the more risk taker types... and they work great with "news related" internet stocks such as DBCC, ZD, etc. My main beef against them is they are like shorting, you can only use your cash account.. so my buying power gets cut in half when I use them... (insert whine here) Will be posting the spreadsheet tonight again in a few minutes, to see which I-nets are getting popped the worst. Mark