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To: pater tenebrarum who wrote (31413)5/5/2000 10:57:00 AM
From: RocketMan  Read Replies (1) | Respond to of 42523
 
Message 13570296



To: pater tenebrarum who wrote (31413)5/5/2000 10:58:00 AM
From: AllansAlias  Read Replies (1) | Respond to of 42523
 
re: slow roasting of May puts

Whatever :) I paid too much for them anyway and I hated myself for it. This is why I laugh like a crazy man at this rally. All I see is cheaper forward months. They can have my May's with my regards.

One of the canons of trading is not to be stubborn, aka, the market is always right. One could argue that the continued buying of puts is being stubborn in the face of a market that is telling us a different story. Another canon is to not lose conviction in the face of the majority, aka, don't let the clowns fool you into thinking that's not the smell of elephant shit coming from their big shoes.

Watch Forsberg tonight for Colorado. He's playing some great hockey. Ya gotta want Ray to get that ring, eh. Go Avalanche. --Allan