Stock market question

Hi Boyd,

I've been a regular watcher of most of the financial programs for quite awhile. It's been my experience that most people who profit off of the 'move', after the "expert" mentions the various stocks, are those who are already positioned in the stock and are eager to sell (distribute) to the new buyers who rush in after the 'tip'. Of course, investors who are in for the long haul are not sellers...only those looking for a good opportunity to take some profits and reposition at a better price once the excitement fades.

Something I am having very good luck with is trading QQQ options - calls and/or puts. My broker faxes me a daily chart of the Nasdaq 100 Index... which the QQQ tracks. I moniter the daily numbers which are the support and resistance levels with my data feed... and I also usually hedge my plays...which has been profitable in this often choppy market.

There have been some nice channels to trade up and down in recent weeks... and trading the Q's has provided some really good opportunities to create some nice weekly cash flow if that is of interest to you, rather than long-term investing.

I keep an eye on some of the larger stocks in the Nasdaq 100 index, such as Microsoft, during the day...which also helps my confidence in the direction of my play. It has really been a nice way to trade 100 stocks at once, instead of picking one or two stocks that may be looking good...but then get hit by a sudden 'downgrade' --or other bad news which can quickly turn profits in the trade into losses. Considerable ones...if you aren't able to use a stop loss. The Q's don't move that fast, usually...so losses can be minimized easier than on some other faster moving stocks if the trade moves against you. All of this, of course, is JMHO.

Hope this is helpful to you...
Best Wishes,
Amber

> Hi,

> Which TV show (example, "Cashin' It
> In" on the FOX network) or newspaper
> column in which experts mention specific
> stocks that they think are going to move, is
> the best or most accurate?

> Thanks in advance for your views and
> opinions,

> - Boyd