Options Message Board - Msg: 12401546

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Strategies & Market Trends : Options

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To: tekboy who wrote (258)	12/28/1999 7:05:00 PM
From: 100cfm	Read Replies (1) of 8096

<Is this the same 100 who just lost many shirts on the consolidator stock?> Yes it is. tekboy i have great respect for your thoughts and thanks. since i am only about a shirt sleeve away from recouping all my lost shirts, you made me decide it's time to play some defense so as not to wind up half naked again. i am going to start unwinding some of my option positions that have substantial gains on the next spurt up and there by greatly reducing my margin exposure. my portfolio has made a spectacular turnaround in the last 90 days and i can live with where i am presently but cannot live with where i was. so better to leave a little money on the table and maintain current position with mostly common that is paid for. the profits in options in a run away up market can be staggering and cause one to get over confident and lax. acting as a check and balance for each other is another great virtue about this and the other threads we follow. 100@now patiently waiting for the other sleeve.com

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