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Post# of 704047
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JimQuinceH

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JimQuinceH

Re: Zeev Hed post# 186050

Saturday, 12/27/2003 5:43:55 AM

Saturday, December 27, 2003 5:43:55 AM

Post# of 704047
Zeev, Sorry that you don't like Options, I do. So far, in 2003 I have had seven sucessfull Option trades and one loser. I allways buy 5 to 7 point IN THE MONEY Options, two to three months out, at what I perceive, to be market cycle turning points. If an Option price falls 50% from my cost, I take the loss.
Right now I am holding two (long) Call Option contracts, and both are in the black.

Jim
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