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

To: Clappy who wrote (30431)	2/4/2001 12:16:24 PM
From: stomper	Read Replies (1) \| Respond to of 65232

That's what i don't get. The incessant, desperate posts about how we're gowing down but he refuses to buy puts??? I don't get it...if I had that much conviction I'd sure be playing it. -dave

To: Clappy who wrote (30431)	2/4/2001 2:02:34 PM
From: limtex	Read Replies (2) \| Respond to of 65232

CG- Well Steve667 convicned me and I'm now a fan of QQQ puts. I was quite scared for all of 98 and 99 but people convinced me that I was wrong to worry sonce you always get little dips in a bull market and stop worrying so finally when March last year came I was a convinced believer in dips and that everything was just fine. Then the Summer rally, then waiting for November- March period where most gain have been made on the NAZ etc. and so here we are. No-one except MM saod get out and stay out in March 2000 or April 2000. We all except MM went along in blissful ignorance believing that a recovery was just around the corner. Well it wasn't, it isn't and it won't be. As for shorting, in last years environment when I like everone else or at least like most people on these threads were talking recovery and that I shouldn't be so pessimistic ...who was going to buy any puts in that climate? Best regaRDS, L