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Pastimes : James Cramer Skeptic Thread

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To: taxikid who wrote (675)	9/1/1998 3:15:00 AM
From: craig crawford	Read Replies (2) of 1254

>> craig.. bankrupt means bankrupt. << You keep implying that anyone who bought DELL options expiring in August went bankrupt. Now you are implying the same thing for September. DELL made new highs a couple days before Aug expiration, I hardly think people lost much if anything on Aug DELL calls. >> in options , unless one is watching every tick, one can get crushed in a new york minute. << Agreed. Not sure the point in stating the obvious. >> 115s were what we discussed. don't start with the time thing again. << I don't have a clue what your talking about. What time thing again? >> you are not being very patient. << Don't presume to tell me if I am patient enough or not, because you don't have a clue. I suppose you have a big grin on your face because you think you are so clever for sitting the market out the last month and missing out in the carnage. Well let me tell you something Mr. Taxi. I am actually up for the month of August--one of the worst Augusts on record for the market. >> dell is overvalued. << Tired old lame argument. Never stopped DELL before. DELL dropped today because of market psychology, not overvaluation. >> but placing my hard earned money into a stock that is at the advanced end of the "growth hockeystick"... doesn't make much sense. << Well you can just sit there with your wad of cash and grin all day while the market drops. I will continue to play the game----and I will win.

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