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To: KeepItSimple who wrote (62470)6/14/1999 5:44:00 PM
From: Mac S. Giballa  Respond to of 164684
 
Great, Great. Great. Notorious K.I.S.



To: KeepItSimple who wrote (62470)6/14/1999 9:36:00 PM
From: Sam Citron  Read Replies (3) | Respond to of 164684
 
KIS,

Ken Galbraith is a good writer, but you forgot one thing: This is 1999, not 1929.

The major nets (YHOO, AMZN) have corrected about 50% and are at major support levels. I think the risk/reward favors the long side now. So must you, or you would not have sold puts.

Actions speak louder than words. They are known as revealed preference.

Sam


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