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Strategies & Market Trends : Selling Puts: Have Cash Will Travel -- Ignore unavailable to you. Want to Upgrade?

To: Jumper who wrote (1049)	1/26/2000 6:30:00 PM
From: OX	Respond to of 1235

Jumper, this post of yours actually has intelligence in it, unlike your other posts here which everyone was thankfully ignoring. frankly I'm surprise to see you say that you have "longs and shorts at all times"... from your profile, it seems all you do is "sell and hold". You wouldve made a lot of money in 87, some in 97 and 98, and teenie bits other minute times in between w/ a 'sell and hold' philosophy.... but even if an ultrabull got in the day before the 1987 crash, they would be way ahead at this point in time w/ a buy+hold regimen. agreed? my point is that we traders trade the short and intermediate term, but in the long term (years) it pays to be a bull. opposing viewpoints welcome, but we don't need mindless ridicule, name calling or strategy bashing for the sake of bashing. looking forward to opening a respectful dialog.

To: Jumper who wrote (1049)	1/26/2000 6:45:00 PM
From: taxman	Read Replies (1) \| Respond to of 1235

you are the man (or woman as the case may be)! finally someone i can talk to. congratulations on your dell puts. i've got to confess that i'm going to take a hit on dell tomorrow. a few years ago, i invested 2000 dollars in a dell call option, exercised at 6.25 per share and, now many splits later, have 3200 shares. for all i know, the guy that sold me the option could still be short dell and, even at these reduced prices, i have over 100,000 dollars worth of stock in dell. selling options, be they puts or calls, is flawed. regards