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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Nikole Wollerstein who wrote (45382)11/13/2005 1:49:03 PM
From: russwinter  Read Replies (1) of 110194
 
Kind of a ridiculous waste of time post on your part. Puts (and calls) expire out of the money all the time, what's the big deal, never happened to you? It's the right strategy to use, as limits losses in case volatility takes the stock against you.

<stocks start recovering >

How will you know if one of these sell offs that the market seems to recover from, doesn't just continue off a cliff? Is there some kind of implied moral hazard guarantee that markets always bounce from October swoons? Sounds too simple and apparently too widely believed to me.
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