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Monday, June 18, 2007 12:41:31 PM
as I think I remember you mentioned awhile back you were just getting started. They are very risky, and you are better off putting more time into studying the market and stocks.
I think Bill O'Neil recommends somewhere in one of his books getting at least two or three years of market experience before venturing into options, and even then using them sparingly. I don't know for sure, and I don't want to mis-quote him or anyone, but, in any case, that is probably good advice and a reasonable timeframe that I would agree with.
They are hard to grasp for everybody at first, but, keep reading and studying in your spare time and watch and study the options for the issues you are already in.
All in good time. Remember the main goal for all newcomers should be to stay in the game, until you get that needed experience.
GL.
Hey, check out Nasa.gov if you can't find it on cable, I remember watching live video feeds on shuttle missions there too in the past.
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