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Pastimes : All Clowns Must Be Destroyed
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To: David Smith who wrote (15281)3/7/2000 4:35:00 PM
From: KeepItSimple  Read Replies (3) of 42523
 
I don't know about the rest of you guys, but i've blown about 50 grand each month for the last 6 months on WAY WAY out of the money ndx puts, "just in case." I wouldn't be able to sleep at night if I missed the biggest financial collapse in the history of the world. If the dung dropped 1000 points tomorrow, assuming the brokerage didn't go bust, I'd make 8 digits, even after paying 49% tax.

>even if the Nasdaq dropped 1000 points tomorrow, the majority of
>"poots" outstanding on this thread would STILL not be in the money....
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