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To: Teresa Lo who wrote (5739)	2/16/2001 5:05:52 PM
From: Eurobum1	Read Replies (1) \| Respond to of 8925

Theresa...Iraq... What do you think about the side effect on the market?. I'm watching the political development during the long W/E.

To: Teresa Lo who wrote (5739)	2/16/2001 8:34:25 PM
From: Jill	Read Replies (1) \| Respond to of 8925

Teresa, two or 3 things 1) Back in your trader's master class you took a look at JDSU chart, Ithink it wasin high 60s then, and you noted free fall was a distinct possiblity. That spooked me and at the time I got out of naked puts that were underwater, and sold my common. THANK GOD. I think it would be instructive if I could find that on my hard drive and post it here, I think I saved it, would you like that? 2) Doing buy-writes on stocks that have sold off has actually been my best stress free strategy in this market. As it turns out I can't stand the stress of trading this market daily even tho I tried! The premiums are very large because of this crazy volatility but that is a front-month situation, not holding the underlying. When cmrc was at 17 1/2 I did a 2 week buy-write at 17 1/2 for 15%. 3) SI has fallen apart but this is a good thread.