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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Jacob Snyder who wrote (3006)4/13/2001 4:53:19 PM
From: smolejv@gmx.net  Read Replies (1) of 74559
 
>>(buying out-of-the-money LEAPs in techs)<<

my favorite way of making profits too. However...like Columbus - were it not for the Gulf stream there would be no America for him. In a years long bull market out of money leaps are great and self evident - although very much like crossing Atlantic in a bathtub - less than reasonable margin of safety.

Meant as a little humble-pie self-critics on the account of my own investment savvy.

dj
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