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Non-Tech : Invest / LTD

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To: 007 who wrote (5148)	11/6/1998 11:17:00 AM
From: The Perfect Hedge	Read Replies (2) of 14427

WHAT?Ok...I think you missed my post.I'm saying Luc will not win out in the long run.You can't say Luc invests over the long term when he is buying leap puts...you call that long term?If we go up to 10,000 he'll need longer than a leap. You needn't explain to me long term and s-t investing.I know it.I'm not worried about Luc's investing.I'm trying to save him money since he's helped me in the past. You're wrong about 2 different styles but they are both right...Thean took profits on shorts and puts awhile back on some of his plays.Luc hasn't...Thean I bet is ahead of the game right now.Luc's leap puts are eroding and will continue to erode as we move up to new highs. Yes,fundamentals matter but if no one's paying attn to them it doesn't matter.No one's paid attn to them for several years now.What about those that bought leap puts 2 years ago?They're crushed because this is an auction market and the greater fool keeps buying. B*

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