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

To: stockman_scott who wrote (32144)	3/1/2001 1:08:08 PM
From: lurqer	Respond to of 65232

Are you anticipating a bounce soon? Leave out the last word in your query and the answer is yes? A year ago believing that a drop was coming, I went massive (for me) short. Not knowing how long the mania would continue, I chose options three and four months out. This limited the upside potential. OTOH the first ten days of March were excruciatingly painful and without the "extra" time cushion, would I have held on? IMO a similar situation is starting to occur now - just in the inverse direction. I didn't "fight the Fed" then and I wouldn't now. Remember JMO. Been wrong before and will be again. lurqer