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

To: RocketMan who wrote (7336)	5/4/2000 4:53:00 PM
From: PAL	Read Replies (2) \| Respond to of 8096

RocketMan: As I have stated, right now I don't have any strategy that is beneficial for anyone. I am mostly in cash since early April due the extremely huge tax bill I had to pay plus MSFT decision by Judge Jackson made me uneasy. It turned out it was a blessing. I am sitting on the sideline as you can see that the market direction is still bearish (see my post to Gregory) which we can easily follow everyday. As for motherhenning, with the risk of opening old wounds, look at what happened to the lynching of ed. For the ladies, it is OK for you to call ed "thread moron", but he got bombarded when he returned the salvo. This one sided bias has nothing to do with options. Now if you extend further, if options issue is injected, what kind of misinformation is perceived by newbies. No one, and I repeat no one should feel that they have enough knowledge in options, no matter how many years of experience and what education a person has had. Back to the first paragraph that currently I have no strategy to add during at this time: I like to learn from other seasoned investors what they are doing. A successful investor is one who keeps learning from others. FYI, even Ed did ask my opinion for certain strategy. If one have chips on the shoulder, he/she is shortchanging himself/herself. Unfortunately, some newbies are following their path blindly thinking that they know it all. Motherhenning the thread gives that impression and is counterproductive. Just ask any experienced people. I have to give it to you that in your current cool head, you do realize that there more to gain by learning from ed, rose and other valuable contributors rather than dismissing them as abrasive or agrressive in postings. You have read several of my posts that let there be spirited discussions, even to the point of heated ones as things are flowing naturally, and the best is coming out from each posters in defending the position. I have to hand it to you that you do admit mistakes and go on to the right approach which should benefit greatly for your future. Finally, I already said that I am not without sin, but I am willing to look into other approaches as well. Paul