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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (17977)	5/5/1998 9:28:00 PM
From: Byram	Read Replies (1) of 94695

James on your theory that the people that make the rules hold the cards I will agree.... But Index options - though not for the inexperienced, can be profitable. I went through the arguement that you presented just previous to the '87 "crash" I had a big time football player who had a local "Name" telling me about them....though I was young at the time - I wondered "if they are soo easy - why isn't he on his boat with women?? I am not as experienced as some and so do NOT care to convice others to get into index options but I feel that the IDEA of options (as insurance) IS a loaded gamblers play in a "normal" market. But as a "play" in a volitile market, when you know the risk..(Losing all) then I am not sure that they should be condemned.. BWDIK Byram

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