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Non-Tech : Invest / LTD

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To: waverider who wrote (6740)1/21/1999 9:39:00 PM
From: Lucretius  Read Replies (1) of 14427
 
I've made it quite clear I am not a trader. I am going for the L-T trend, and I do not think it is up for some time. Those "loser" puts you have described have yet to expire. as for gold... the fun ain't even started.

NKE has been a good short. I am short in the high 40's and low 50's. Have yet to cover and it has been more than a yr now. L-T capital gains treatment when it eventually hits the teens. Think L-T, 50% and 80% retunrs in a month are not normal. Yes, I missed out on interntet stocks and CSCO but just because my neighbor plays Russian Roulet for dollars doesn't mean I have to. Besides, I ain't that lucky -g-
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