SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Tech Stock Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: WBendus who wrote (47486)7/9/1998 11:22:00 AM
From: Patrick Slevin  Read Replies (1) of 58727
 
The search for info on Black Scholes was profitable for me. I just found a dollar in McMillan's book.

Anyway, if you can borrow it somewhere the Second Edition that I have goes into quite some detail on the model. I'm sure the later editions would have expanded on it.....certainly he would not have reduced or deleted it. It's in a late section called Mathematical Applications and has quite a few formulae and explanations to go with them. Several examples as well.

The implication you allow for when referring to Japanese funds appears that you account for these moneys to be invested conservatively which is likely to be the case. My idea was that more risk oriented money may be going back and into the Nikkei.

I'm more concerned at this point with downstream earnings shocks like Dupont. Also some technicals that seem out of whack.

The younger people are accustomed to markets that go up. Not to say that it cannot. Just that if it does not you may see a lot of people start looking elsewhere for places to sock away cash.

I even saw a post on SI somewhere last winter from a G-Nexter who said something to the effect that no one can say "we" have not lived through a bear market, because "we" survived the October 29th decline.

They may be smart and not so materialistic but there was no real crash and we have been in a trending Bull Market for quite some time, depending on how you define the Bull. A real decline would shake out a lot of weak hands. People think we have to drop to 8500 before there is concern. Perhaps.

But the difference between their point of view and mine is that they have a job and this money is oriented for long term investment. I have a job as well and when I express an opinion it has to understood that I'm speaking of the next few minutes or days. I cannot afford to wait for 8500 before I take action so my thoughts are short-term oriented. The thoughts of the (wo)man in the street are less concerned with theDJIA being up or down a hundred points. For me that could be 10 or 12 spoo points and that's a sweet move.

In other words, it's just perspective.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News