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

To: SecularBull who wrote (6583)	4/17/2000 3:35:00 PM
From: Poet	Read Replies (1) \| Respond to of 8096

Cool, LoF. If we can each learn from this debacle, and make the changes necessary to continue in the market, then the past few weeks won't have been for naught. Nice rally we've got there.

To: SecularBull who wrote (6583)	4/17/2000 3:57:00 PM
From: Dr. Id	Read Replies (4) \| Respond to of 8096

I'm going back to basics. This correction has helped in that respect. A week or two ago, I posed a question on this thread as to why there was focus on playing options on so many obviously non-gorilla and king stocks, and was politely told that it was not a problem and that the thread liked it that way (or something to that effect). Well, if this debacle has shown me anything, it's to stick with quality, and that's gorillas. I'm not even sure that I'll be playing options much after this, as opposed to just buying and holding (the sleep that I've lost in the past few days concerns how to repair all of the naked puts I have out there... I'll do it, but I wouldn't have been sweating at all without those). I have little doubt that the gorillas and most kings will recover in time to their old heights. I just want to be comfortably in position for that to happen (and margin and possibly options may work against that goal). JB