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Politics : Idea Of The Day

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To: Arik T.G. who wrote (13183)	10/30/1997 10:05:00 AM
From: Tom Trader	Read Replies (1) of 50167

Arik re >>The trend IS your friend - SHORT NOW! Guess what--I agree with you and I sold "in the money calls" on INTC and CSCO yesterday against calls that I am long several months out. Tried to sell naked calls on DELL and AOL but could not get my price. But re "the trend being your friend" -- when I used to tell you the same thing as the market was trending strongly to the upside during the summer, you fervently argued with with me that it was an unwise philosophy that would cause one grief. A strange inconsistency, wouldn't you say??

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