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Re: schloss_1 post# 148540

Friday, 09/05/2003 4:32:48 PM

Friday, September 05, 2003 4:32:48 PM

Post# of 704041
Schloss, My comment was in reference to your "blasting off" comment about MMM. MMM moved a point. For a $140 stock that's like a $14 stock moving a dime. Probably a better chance of making a dime on a $14 stock than a $1 on a $140 stock. That's why I asked if you look at percentages. You can have a bunch of money tied up in MMM looking for that .7% move. The risk/reward hardly makes it worthwhile for most traders. Just my opinion though. If it works for you, great.

Joe

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