TGO Electronica wrote:
> Buying stock just like that is one of the poorest options there are for 
> investing, specially if the buy is backed by a "hunch".
> One better way to do it would be to sell a Put option at the strike price 
> you'd like to buy the stock at, and if it ever gets that low, you get the 
> stock for a slightly better price (because of the credit you received when 
> you sold the Put option), and if it never gets to that price before the 
> option expires, you get to keep the the whole premium you collected when you 
> sold the Put option.
> 
> There are many better alternatives to just "buy stock".
> 
> Gabriel

Amen to that.  NEVER EVER USE A MARKET ORDER to buy a stock.

Limit orders are far saner... if you're dealing directly in the stock.

Your put technique is a little more advanced, and has some other risks 
associated with it, but it's not out of the grasp of any engineer or 
tech on this list to learn how it works.

Nate
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