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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (17086)4/19/2001 10:02:35 AM
From: Mike M   of 37746
 
We are due for a re-test and the cycles are about right. There may be another shot up next week but should weaken into May.

The market humbles. No two ways around it. One thing I learned about naked options was that, when I was greedy, I usually gave back what I had made. Good decisions always required me to keep the bet at the level in which I could maintain perspective. The most important lesson I learned was to quickly be ready to admit when I was wrong and take my medicine. Finally, I learned that I couldn't stand to be tied to options every day. It messed with my life.

Good luck velo. A humbling experience once in a while is good for the soul.
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