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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.310.0%Nov 12 4:00 PM EST

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To: KM who wrote (4727)1/26/1999 9:30:00 PM
From: bobby beara  Read Replies (1) of 99985
 
>>>"The smart money is currently selling extremely expensive calls to the public,"<<<

Truff, they were doing the same thing at the bottom (except with puts) in early sept and october.

If they could only bring yahoo back up to 445 for so the bears could have a really low risk short -g-

bb

>>>P.S. I sold my expensive MSFT calls today for a double to some fool (or maybe I'm the fool)<<<

A 100% profit on a high risk option is about the least foolish thing you could execute -g-
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