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Strategies & Market Trends : Waiting for the big Kahuna

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To: Death Sphincter who wrote (44111)10/20/1999 1:46:00 AM
From: Lee Lichterman III  Read Replies (1) of 94695
 
I just bite my tongue kind of like I hold my nose around you. He puts his calls out there for scrutiny and that is not easy when you get PMs by the boat load as we know so he does deserve some respect for that. My only problem with him is when he is all out bullish and slamming those that point out the smelly internals of this casino, he posts to go all out long, mentions that he will buy a "few" puts to protect the downside then when the market blows up, he claims he is still way ahead and making money. When you are wrong admit it or else say nothing but he tries to claim he is always right and winning big. When his kids do read his stuff, they will be embarrased if they are as bright as it appears. It don't take a rocket scientist to see that when you are long 50 contracts in calls and a "few" put contracts, you aren't going to come out ahead when everything goes down. <ggg> If I could make money just by straddling every week, I would be a multi billionaire by now and wouldn't be in the same smelly room as you.

You stink but good luck anyway, <g>

Lee
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