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To: im a survivor who wrote (1566)1/29/2000 10:44:00 AM
From: jmac  Read Replies (1) | Respond to of 35685
 
I appreciate your post. Yes, most people are worried. It's human nature to worry when a stock you won falls from roughly 155 to 110 in one week. Yes, I know it went up that fast too. At this time, the prudent strategy is to take deep out of the money calls and move those dollars into further in calls. The premiums are so cheap now it isn't funny. I am amazed. Unless the MM knows something we all don't know. But, it looks like the MMs don't the Q to recover to 200 by this time next year.

Good luck to us all. I haevn't sold but can't afford to add. My nerves just can't handle it right now. In fact, that is probably a good indicator that we are near a short-term bottom.