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Strategies & Market Trends : Options -- Ignore unavailable to you. Want to Upgrade?


To: Jill who wrote (6406)4/13/2000 12:08:00 PM
From: edamo  Read Replies (2) | Respond to of 8096
 
jill...got more important things to do then worry minute by minute about the market....

the market environment has been created by investors? who don't have a clue....who believe that you can get year in and year out thousands of percent returns on worthless companies.....always returns to reality, and cleans the foolish out of their speculative positions and lessens the wealth accumulated mostly by luck....

this to will pass, going to cash not out of fear, more prudent....been there, done that.....last five years a gift..this is only a taste of what a bad market can be...and in options it proves the importance of not negating any strategy that can preserve and grow capital...

paul's "minimax" strategy is like an umbrella on a rainy day....open it to keep dry...close it to bask in the sun..

the sun will come up tomorrow....hope some still have "a bottom dollar" to bet on it...