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Strategies & Market Trends : Selling Puts: Have Cash Will Travel

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To: jjs_ynot who wrote (1226)10/11/2000 11:53:34 AM
From: David Lind  Read Replies (1) of 1235
 
Yeah, I can dig it. I had OCT 85s that I already rolled out to December for an extra 2 points. However, with the way things are going I may have to keep rolling for another five years to get back to even. Hard to believe we are now at a level matching the lowest level of the crash back in April. After this year, every time I hear someone say, "Aw, it can't possibly fall that far" with regard to any stock or index, I will be happy to remind them of 2000.
So, where's the bottom? Anyone want to venture a guess?

David
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