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Re: fung_derf post# 21374

Wednesday, 12/21/2005 1:15:34 PM

Wednesday, December 21, 2005 1:15:34 PM

Post# of 27114
Don't even get me started on my "It's better to go for a LOT of base hits than trying too often to get homeruns" bit.

I try to get the equivalent of doubles and triples in my options plays and, yes, my ELN, along with most of my calls, are being held for a homer, but the rest of my trading is just for a hundred or so bucks here and there. Including part of my ELN position. Right now I'm holding about 250% of the shares (but only 80% of the options) I allow myself for a long-term position, but the 150% excess in the stock will be flipped at the first profit opportunity.

Edit: And his ELN trade was a very solid base hit. Feels damned good, doesn't it, Matt.
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