Re: [CANSLIM] Intro: David Pinhasik

From: "Dan Forant" <dforant1@nycap.rr.com>
Subject: Re: [CANSLIM] Intro: David Pinhasik
Date: Fri, 22 Aug 2003 06:52:59 -0400

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Yes, of course, their not cheap for nothing. One must be a wary savvy stock
picker to invest with options. I do not make that claim but if one practices
the CANSLIM approach to stock picks and buys the option at breakout in the
money options work well. O'Neil is skeptical about options, but he prefers
longer terms if one does venture.

DanF

- ----- Original Message ----- 
From: "Charles & Lois Layne" <lelayne@earthlink.net>
To: <canslim@lists.xmission.com>
Sent: Thursday, August 21, 2003 8:39 PM
Subject: Re: [CANSLIM] Intro: David Pinhasik


>
> ----- Original Message -----
> From: "Dan Forant" <dforant1@nycap.rr.com>
> To: <canslim@lists.xmission.com>
> Sent: Thursday, August 21, 2003 6:53 PM
> Subject: Re: [CANSLIM] Intro: David Pinhasik
>
>
> > What about options?? Buy an in the money call breakout time for a mere
> > fraction of what 100 shares would run,.
> >
>
> Options sound good, but they have an element that the stocks don't:
> expiration.  A trader may have the right stock picked for the right
> direction, but run out of time with options for the right move to develop.
>
>
> Chuck Layne
>
>
>
>
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