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Pastimes : Rules We Can Learn From

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To: sand wedge who wrote (51)4/26/1998 4:16:00 PM
From: Shelia Jones  Read Replies (2) of 109
 
Spouse rule doesn't work if you are married to me.

October 1987. My new husband and I are traveling back from a day in the north Georgia mountains. We took the day off for his birthday - a long weekend. He is listening to the nightly stock market report. Gets excited. Tells me to take the calculator out of the glove compartment and punch in these numbers. Asks me what's on the display.

"What's this?", I ask.
"That is how much I made today", he said.

The DOW was down 100.

He had puts on the markets for the October 87 crash.

"Better call your broker and sell at the market open", I said. (Let me just add here that at the time I had never even looked at a stock or the market in general, my husband did all this alone and I had never even made a comment about any trade he had ever done at this point.)

We all know what happened the next trading day. It went down 500 more.

Could have paid the mortgage off if he hadn't made that call - and we had 29 years to go.

Did make a decent profit from just one day though.

The most amazing part is that he doesn't hold it against me.
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