Paul,
Your NSM losses are clouding your sense of humor !
I don't find it humorous to see people make bad decisions, and as a consequence they suffer from it.
I'm still laughing at ol' Kirks's pile of worthless expired Intel put options that he paid good money for.
How do you know that he lost money on Intel puts? There was enough volatility in Intel stock price over last year to make money on either side. And to lose money on either side, if you timed (or mis-timed) your entry and exit points.
Are you laughing at people who were buying calls, or buying shares on margin at $100?
Betting against the most successful semiconductor manufacturer in the world is usually a very stupid thing !
The Japanese semiconductor companies seemed that way not too long ago. The whole Japan Inc. looked that way. Betting against Japan would at that point been "a very stupid thing".
If you can predict the future, tell me at what price will Intel trade tomorrow, next week, next month, next year. (While at, throw in NSM). I will bookmark your post, and we can compare notes next year.
Joe |
