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Strategies & Market Trends : DISsing DISney
DIS 111.90+1.3%3:15 PM EST
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To: Option Player who wrote (114)5/5/1998 6:48:00 PM
From: capitalistbeatnik  Read Replies (1) of 136
 
"Exactly how many times did Peter Lynch post to a message board that company XYZ's stock will hit 30 before company ABC's stock hits 123?

Answer: Never! Because he knows that NO ONE can predict short term price movements. And to publicly declare a prediction such as that would be foolish, and he would expect to be ridiculed if such a prediction failed to come about."

But you ADMIT you trade PUTS! A price on a specific SHORT TERM DATE! How do you reconcile that with the above statement?

I can't wait to see how you try to work your way out of this one. Maybe there's a position for you at the White House.

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