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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (22941)	5/19/1999 8:36:00 PM
From: Sir Francis Drake	Read Replies (2) \| Respond to of 74651

t2K - absolutely stick to what works for you. I trade very intensively (daytrade as well as position trade), and for sheer control, I prefer to trade stock than options. My reaction times, liquidity, spreads etc. all point to stock trading for me. Sure, a judicious option play to hedge my long-term position is something I engage in from time to time, but it's not my primary means of making $. I don't think your trading style is not "good". Trading styles depend on your temperament, opportunity (not everyone can spend time trading full time) etc. It has to be seen in the context of the conditions and tailored individually. If you make money trading options, I'd say your trading style is NOT good - it's EXCELLENT :) Good luck. Morgan

To: t2 who wrote (22941)	5/19/1999 9:26:00 PM
From: Teflon	Read Replies (1) \| Respond to of 74651

t2k, Morgan: What happened today in the market? Teflon

To: t2 who wrote (22941)	5/20/1999 8:22:00 PM
From: Gerald Walls	Read Replies (1) \| Respond to of 74651

Morgan, I usually lose a little money trading stocks. It is like being in a cash position waiting for the big opportunity in options. Speaking of options, Cramer had an article today (http://www.thestreet.com/comment/wrong/749326.html for subscribers) that talked about the "lid" effect large call option position can have on a stock. He says that it looks like MSFT is capped at 80 and INTC at 60 until after expiration tomorrow due to the 31,000 May 80's and 25,000 May 60's open interests in the options for the respective stocks. While he doesn't specifically mention the Market Makers as the party capping the stock, this sounds much like the theories regularly expressed by some here, especially the MaxPain guy.