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Strategies & Market Trends : Options

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To: PAL who wrote (7239)5/3/2000 3:05:00 PM
From: Jill  Read Replies (1) of 8096
 
I appreciate your concern; I was not in deep trouble in the market meltdown. I think PMs should stay PM and won't start trading PM interpretations; discretion is the better part of PM, to quote a cliche. However, I was really in a panic that weekend (as I posted both PM and public) that I *would* be in deep trouble if predictions such as those on MDD thread came true (2700 or 2200 NAZ). I did get burned on April puts, in CNXT and GBLX. I had to buy them back at a loss. It made me realize I don't want to even THINK I'm that vulnerable. I put a good portion of my portfolio in cash, to stay in cash.

As for the rest, I voiced an opinion on my preference--no orders, no SI jail. I come to SI for information, I do my best on this thread as like Poet I feel responsible to it for some extent, and if it gets too nasty, I'll say so, and that's about it. I tried my best yesterday, too.
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