Options Message Board - Msg: 13409813

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Strategies & Market Trends : Options

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To: SecularBull who wrote (6355)	4/12/2000 6:28:00 PM
From: Jill	Read Replies (4) of 8096

Hi thread, Poet and I are sitting in the sun in the Caribbean declaring bankruptcy and siping margaritas. No actually Poet and I just ate some Chinese food and are sitting in front of my computer weeping. We both think magin calls play a huge part, and taxes. Jill: I can't believe how every company beat estimates today and it meant nothing except more selling. It didn't stanch the bloodflow at all. Poet: I can't believe how fast Jill types. I think PAL made a really good point this morning about how people have started to use their stockmarket portfolios as savings accounts and hence I think we'll see more drop in the NAZ due to money being pulled out to pay taxes. Jill: We could both be facing margin calls tomorrow, Jill because of short put positions (and I was being careful) and Poet because she was margined 15% and now it's up to 50% because of the drop of prices of all the stocks. Now thread, we know what each other looks like finally and we are shocked to find out that today as soon as we met in person we both became petite blondes. It was really weird. After an entire lifetime of not being petite blondes suddenly we are both 5'3 and very flaxen.

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