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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: E. Charters who wrote (38300)4/15/2007 8:25:17 PM
From: LLCF  Read Replies (1) of 78409
 
No, you miss the main point of option theory... your entire first 3 paragraphs are irrelevant to the discussion.

<In fact the Black-Scholes method of evaluating 'fair value of an option' is based in part on the hocus pocus that past value predicts or infers future..>

This is incorrect as well... leaving us with one good nugget of wisdom:

<isn't that what the statistical experts tell us is the sort of thinking that will lead us down the garden path in Las Vegas?>

Correct, a lot of options guru's have been banned from all the big casino's.

DAK
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