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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (13375)11/9/2000 2:43:21 PM
From: im a survivor  Read Replies (1) of 65232
 
Vster...what happened here? The whole porch is starting to resemble.....me! Lot's of whine being passed around. I've never seen so many bulls turn bearish....even you vster.

Well folks....are the march and further out calls safe?? Or are calls too dangerous to play in this market. I would think 6 months is plenty of time to sort thru all this and get a rally, but sheesh, I'd hate to be stocking up on these march - may calls, only to watch the naz do nothing for the next 6 months and have them all turn into trash...at the same time, the only way I can buy now, is by leveraging my position by selling stock and buying calls, and thats what I've been doing in order to try and take advantage of this "buying Opp".....only csco 60's are jan...everything else is march or further out.....am I a fool????

Keith
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