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Pastimes : Ask Mohan about the Market
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To: Cynic 2005 who wrote (10062)12/3/1997 8:16:00 PM
From: Barbara Barry  Read Replies (1) of 18056
 
Mohan,
If I may be so bold, it sounds like these up days are getting to you. Your reasoning is sound, so do you think you need to roll out your positions so far out right now and pay dearly for the time premiums? I don't know. I have a few Dec. puts that did not do well today, but I would prefer to see how the week plays out. I still believe in the "smoke and mirrors" theory about this market in the near term...but my theories rarely make me money. FWIW
Good Luck.
Barbara
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