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Technology Stocks : IFMX - Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Sydney who wrote (13026)3/12/1999 11:48:00 AM
From: Mark Duper  Respond to of 14631
 
Nibble, nibble. Great opp. for adding to positions, guys.

Sup.



To: Sydney who wrote (13026)3/12/1999 2:26:00 PM
From: bsl113  Respond to of 14631
 
Sydney,

that is a very good way of looking at the
situation. Great insight!

Bryan



To: Sydney who wrote (13026)3/12/1999 3:31:00 PM
From: Mark Ericson  Read Replies (2) | Respond to of 14631
 
IFMX FUTURES ...............................

Sydney, I couldn't agree with you more. Sure sounds like
you know your way around this market.

I have also been around this game a long time and came
to the same conclusion. I was expecting IFMX to dump
this morning based on the drop in ORCL in after market
trading last night. Subsequently, I have been stocking
up all morning.

My trading motto is: "The masses are ___ssess"

So, when the lemmings start jumping off the cliff, I start buying.
It has proved a very successful strategy for the past 15 years.

IFMX has a great future. I'm betting big that every dollar I
invest in IFMX options today will become $3 or more by the end
of the year.

Good Observations, Good Luck.



To: Sydney who wrote (13026)3/13/1999 10:07:00 AM
From: Vegas Kate  Read Replies (1) | Respond to of 14631
 
Speaking of long term calls, the Jan 2001 IFMX 5 calls are about $5. I know many would say "why not just go long the stock at $8?". I'd rather use the extra $3 toward more calls (ie: control of a greater # of shares), to gain leverage. This has worked out well for me in the past with leap calls on KM, TWA, and MRL.