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To: Voltaire who wrote (1688)1/30/2000 3:12:00 PM
From: candide-  Read Replies (1) | Respond to of 35685
 
Hi Volt, Hope you're felling better. Interesting strategy on the 6 month capsule. I was thinking about last year what happened with the NAS, it seems the market was fairly flat until about the July timeframe. Just couldn't shake the interest rate blues. Then in July we got a bounce and in August things began to really roll. My point is, if that pattern holds this year, do you think the capsule shrinks to more like a 3-4 month window, or is it just too risky for the option traders to risk?

C



To: Voltaire who wrote (1688)1/30/2000 11:16:00 PM
From: stealthy  Respond to of 35685
 
RE " It is because of this that I will convert all of my 2001 leaps into the July calls on different strikes because of the leverage and lower cost that I will gain and will have lost nothing due to the cyclical nature of the manipulators."

Volt-

Would appreciate some clarification with regard to apparent basic shift in your time window strategy recently;

As I recall it was just a few weeks ago that you were advocating the 2001 Leaps as providing a very confortable time window in which to work;

However, you're now selling those Leaps and are moving to commit to a repeating 4 to 5 month cycle of House manipulation;

Could you enlighten us regarding specific interim events (or other info.) you've recently observed that lead you to now reshuffle assets to meet such a very specific future scenario ?

Thanks Much,

Stealthy