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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (339988)8/7/2007 4:59:51 AM
From: Real Man  Read Replies (1) of 436258
 
Yes, box, the market is very dangerous right now. The
probability that we could see 2002 lows very soon is probably
25% or so. I admit, the Krash bet has only a 25% chance. Do
you feel lucky? -g- The probability is never high, but when
it gets to this point, it's worth playin' -g- Spread on
far in the tail puts is 5c/1$. Why is that? I was lucky to
get mine for 15c -g-

Fundamentally, it seems unlikely that any other type of
decline, such as a bear market, can occur. Either we see
DOW - 17K in December, or .... -g-
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