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Non-Tech : The Critical Investing Workshop -- Ignore unavailable to you. Want to Upgrade?

To: hroark2000 who wrote (20425)	5/26/2000 6:41:00 PM
From: Voltaire	Read Replies (1) \| Respond to of 35685

Hi hroark, I know I am going to piss a lot of people holding leaps off with this but let me explain why I am not a leap man. Let's say that we buy some 2002 leaps on whatever stock. Now, my question to you is - How many times before we get to 2002 would you say we are going to have a correction? Just take your answer and multiply and then extrapolate out how little you would have gained and how much time value you would lose if we are going to be back where we are today by how many times of your correction answer. In other words if we go up and then down all those times and we are where we began, then all you have done is lose TIME VALUE, not to mention what that money could have earned in and out. oh well, I know Uncle Frank has done well with leaps. Volts