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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Lachesis Atropos who wrote (20219)	3/13/1999 3:19:00 AM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70374

Hi Lachesis, >>I would like to start trading options; however, I am still >>a little scared. I know what you mean. You can go broke in a hurry from what I have observed. I have never traded options myself. I opened an account to write covered calls, but I never got around to doing anything with it. Talking to my broker you are better off writing puts and calls if you have the capital or the stock. That way you collect the premuim and the worst that happens is you get the stock at a price you were comfortable with anyway or you lose your stock at a price you were willing to accept anyway. If you follow any of Judy's post, you will see that she does that a lot. She also trades the options, but she can afford the draw down and she has a good feel for sector rotation, the technicals and the fundamentals. One view on software stocks: canoe.com MCI-Worldcom new: canoe.com Cable stocks canoe.com Harry