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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 680.44+0.6%Dec 19 4:00 PM EST

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To: CharlieChina who wrote (69110)2/13/2001 6:29:16 PM
From: Chuck Williams  Read Replies (1) of 99985
 
Nick,

I thought the first time might have been a mistake, but now that I'm sure: you have GOT to be kidding. Why not just play Russian Roulette with a REAL gun? Three months might as well be an eternity - with the market teetering the way it is you could be into some deep sheetski in a single day.

I don't want to pretend to be an expert, because I'm not. I'm a normal guy, but I've been doing this long enough to have made some painful mistakes with options. The only thing I'd being doing with options in the near future is selling some puts 9-12 months out when people start jumping out of windows (or when my fib retracements hit 0%).

Just sharing because I care :-)

Chuck
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