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Strategies & Market Trends : Sharck Soup

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To: velociraptor_ who wrote (13331)	3/26/2001 6:16:41 PM
From: Rambi	Read Replies (1) of 37746

Not insane...I am thinking the same thing Well, of course we could BOTH be insane, but you seem eminently rational to me, and I, despite the occasional dramatic outburst, am exceptionally stable. I thank you for discussing your position so honestly; it was helpful as I was seeing this as "lost" money, when it actually is just a fraction of the gains from the last few weeks. I was exceptionally lucky following your channels during the correction and got spoiled. I had made over 40K and so while these puts at this time would cost me almost half of that, I've learned a lot and am still ahead. What concerns me now is whether the decay for the SPX April puts (I believe you said it was about 1/4 point per day, although that may increase as we enter April, will it?) will make holding them through the window dressing etc. worthwhile. How do you decide when to dump? QUote.com said today that "when the semis rollover it is safe to bet that the rebound has run its course." They didn;t look too healthy to me today.

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