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Strategies & Market Trends : Ride the Tiger with CD
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To: Proud Deplorable who wrote (23273)12/9/2004 1:04:22 AM
From: marcos  Read Replies (2) of 312409
 
Lol ... yeah you are doing better today ... you mention Lassonde - he was interviewed the next day or two after 'selling', said it wasn't a sale of a long position but an options exercise, they were ten-year options about to expire and he said he wished they'd been twenty-year, then he'd just let them ride .... this was in a post on russ' epic thread i think ... so it's not an indication that he expects the market to tank .... a little correction like this is just normal in bull runs, they can be a lot more brutal too, really shake it up, but still resume the bull trend after

[edit] - Message 20816774
... patron responds to that saying why didn't he exercise and just keep the shares, but the tax implications of doing so almost prohibit it .... there is another post somewhere with a good long interview
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