So... who wants to explain what all that means?
- Marcel

On Tue, Sep 30, 2008 at 8:52 PM, Nate Duehr <nate@natetech.com> wrote:

> 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
> --
> http://www.piclist.com PIC/SX FAQ & list archive
> View/change your membership options at
> http://mailman.mit.edu/mailman/listinfo/piclist
>
-- 
http://www.piclist.com PIC/SX FAQ & list archive
View/change your membership options at
http://mailman.mit.edu/mailman/listinfo/piclist