Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: LLCF who wrote (18422)	4/25/2002 7:58:46 AM
From: smolejv@gmx.net	Read Replies (2) of 74559

The fact, there's no traffic here at all, shows we reached the exhaustion level. My problem at the moment is how to go full hilt and spread the risk as well. Like, puts on SnP and leaps on eu/US$ are but maximum 1.25 (and not 2) different things; OTOH there's not many degrees of freedom by now in the megasystem. Or, rephrased, there's one BIG dimension and the rest is a non-issue. Any comments, DAK? AOL numbers ... This sure is a dimension different from Enron - they did not even try to swindle, I understand. This was honest-to-God, takes-sweat-of-your-brow, hard-earned loss. Like it says in Catch 22:"He was a self-unmade man and he owed his lack of success to nobody but himself".

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