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Non-Tech : The Critical Investing Workshop

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To: Dr. Id who wrote (34197)	12/5/2000 6:10:20 AM
From: Poet	Read Replies (2) of 35685

It would be like Vegas if you were playing short term calls or put strategies. Spoken like someone who doesn't know very much about options trading. <g> Sorry, Id, but short term options trading is precisely the way this extremely volatile and generally downtrending market should be played. Wild intraday and multiday swings, in either direction, can be traded and capital can be preserved until a general uptrend shows its head again. We're no longer in a time when "stories" matter, IMO. Investors are far more interested in valuation now than they were in 1999, when many of us (myself included) profitted greatly by finding companies with great "stories". BTW, EMC is coming out with its "chameleon" product today, no? Doesn't it go head-to-head with NTAP's NAS technology? As much as I like NTAP (It's in all my family's IRA's), I think this is a development for NTAP investors to monitor closely.

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