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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Anthony@Pacific who wrote (13279)2/21/1999 11:55:00 PM
From: timers  Read Replies (1) | Respond to of 122087
 
Thanks, that helps. I did the same...as a long. Also got emotional esp. when it started dropping. Had to get out. Lost alot. With another. I was fortunate...it was JBOH from 5->12->20. Still, I don't want to do it again, and a rule of thumb is what I'm going to go on.

So if I decide to adopt something close to that....where 10% for example is a 100% call, then if you call 25% on a short pick, and I decide to go with that...it would be an amount equal to 2.5% of my portfolio? Just want to be clear on language used here.