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Strategies & Market Trends : Giant LEAPs... -- Ignore unavailable to you. Want to Upgrade?

To: D. Noss who wrote (298)	3/1/1999 11:08:00 PM
From: PashaBear	Read Replies (1) \| Respond to of 315

It does take a bit of doing to figure out which are the good ones. Many are not listed in the papers - better info on-line. Also, they are thinly traded. My strategy, which has worked well, has been to buy cheap LEAPS on out of favor big techs, and sell them when they double or triple. On six trades, I have successfully done this on five (and will lose my investment, or three dollars a contract - the right to call one hundred shares - on the sixth). I am currently holding LSI 30s for 1/2000 and Read-rite 10s for 1/2000 and 1/2001. PB