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Politics : Idea Of The Day

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To: Judy who wrote (16716)1/29/1998 2:44:00 PM
From: Barbara Barry  Read Replies (2) of 50167
 
Judy,
I agree with your call and that is what has kept me out of puts so far.People that want to jump into options/puts because the market has gone up so fast need to consider that IF this volatility subsides...it becomes a losing situation.Before I take a position,I try to figure out all the possible scenarios...I am afraid that many on SI have gotten so used the wild swings that they have forgotten about "what happens if the market stays flat?"I hope everyone takes the time to really think about your post.Thanks for laying out a very possible scenario.
BTW...I wanted to buy oex 465 puts in the worst way today!I wish I was as disciplined with my workouts!<VBG>This market acts like it is not worried about anything and things are worse than in Oct???For now,I will just continue to use restraint.
Regards,
Barbara
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