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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Monty Lenard who wrote (9218)8/8/2000 3:14:39 PM
From: Jorj X Mckie  Read Replies (3) of 436258
 
Let's see, you are calling Gary a clown because he made a mistake about how a stock would react with the 56000 Sept 60 puts that were sold the other day. However, it would be hard to argue that they wouldn't provide a floor at 60.

By the definition on this thread of what clown is, maybe Gary qualifies. He bought GLW when it is in the low 100s and it is now at 284.
Message 12622983
finance.yahoo.com

He has made quite a few other good calls as it turns out.

Maybe Gary doesn't play options that much and therefore doesn't know the nuances of each and every reaction. But he certainly knows how to make money...Oh, gee I forgot, that making money qualifies him as a clown.

When are you AZWs going to figure out that many of the people you are calling clowns have figured out that the market is overvalued and that we are in a bubble, but not everybody is so stupid as to fight the prevailing trend (whether up or down).

In short Monty
GFY
:-)
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