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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: IceShark who wrote (7358)	2/7/2000 1:42:00 PM
From: yard_man	Read Replies (1) \| Respond to of 42523

relatively speaking -- there are more expensive times to buy and more cheap times to buy -- that's all I was saying. Time premium always erodes. I didn't take that to be what you were saying: Instead, I thought you were saying the premium would disappear at an accelerated rate, i.e. we were poised for an unusual fall-off in volatility and/or a rapid advance in the NDX. Guess, I misunderstood you. Just commenting on the futility of the short side again?