Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (10819)	12/3/1997 8:04:00 PM
From: Barbara Barry	Read Replies (2) of 94695

Bill, Amen to that post! I agree, that is. But with all my mistakes.. being right is not important. One of the biggest enemies to options folks is time. I learned never to stay too long, especially if it isn't going the "right" way. Once a friend of mine was getting killed on his positon and he held to expiry week and actually ended up in the $..pure dumb luck.So do you think Jodi should back test the time issue so she learns that you NEVER hold options as one might gamble on a stock? I had to learn about the time premium the hard way and that is why I said being right doesn't matter. Regards, Barbara

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