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Strategies & Market Trends : Options

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To: RocketMan who wrote (7349)5/4/2000 4:17:00 PM
From: Jeffry K. Smith  Read Replies (1) of 8096
 
Don't think I will re-enter this market fully until it establishes a definite direction and stabilizes, even if I lose the first 30-50% of its move.
I'm glad to see that you, edamo and others feel this way. I have wondered if those more experienced than I felt as I do - and the more I read, the more the "stay out until things are stable" angle comes up, and it is the position I adopted on my own.

Always good to see experienced hands reinforce things though!

Regards,
Jeff Smith
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