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Pastimes : Home on the range where the buffalo roam
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To: bonnuss_in_austin who wrote (13046)4/24/2001 8:07:41 PM
From: mishedlo  Read Replies (1) of 13572
 
Thanks BIA - I am still annoyed at missing "A" bottom but when "THE" bottom comes this summer Greg will be eating 20 posts.

I simply can not understand 100% gains in common in two weeks and not taking some off the table (like all of it).

Like I PM'd you, my PUT entry points were horrid. But except at the very beginning of a month I seldom play front month options, and those MAYs I had are now recovering. Had I just stuck to my play and waited for Friday.... Some prices seemed obscene and I had the misfortune of jumping in just before the announcement. Then I was too chicken to add more later.

Preservation of capital in a bear market is always paramount IMHO. Preserve it and live to fight another day.

M
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