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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (25753)12/18/2000 4:32:55 PM
From: edamo  Read Replies (1) | Respond to of 65232
 
tom..."look ahead"....

i concur, not so long ago one would be taken to task if it was suggested to look to the past to see the future....the "nouveau investor" plowed straight ahead, paying no mind to what was looming in the rear view mirror....

now the rear end collision has occurred, the forward motion has ground to a halt, and the market now, as it has always done before, will lift its vision to a brighter horizon....always has, always will....

market called the economic downturn, few heeded the warnings.....the very same who had deaf ears, now are occupied with looking behind them to see what hit them....and they make the second mistake by not seeing what's ahead....

got to look both ways.....



To: Voltaire who wrote (25753)12/18/2000 5:01:50 PM
From: pinhi  Respond to of 65232
 
Tom, Jan. 55 EXTR calls are paying over 17%. $9.50 closing bid on 55 strike. Can you believe that? Unreal. My plan was to go into this period completely uncovered, but hells bells, I might have to take that tomorrow. I don't know. Would you? Jeezzzzzzzzzz/

SandTrap Man