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To: Bill/WA who wrote (84968)3/26/2001 9:19:01 AM
From: Earlie  Respond to of 436258
 
Bill/Wa:

Sorry I missed your post last week.

Any time one sees a double in this market, especially on options, the urge to take the profits should become overwhelming and one should give in to the urge. (g)

Last year, IBM was the best performer for my gang (and this surprised me at the year end review), primarily because the short term profits were taken and then new options were taken on most of the bounces.

I don't know why I allow young east coast whipper-snappers to get away with such obvious disrespect ("uncle" Earlie). Perhaps it is because in spite of his being a chart chaser, he seems to be more than passing talented at that voo-doo art and one has to keep up with what that arcane cult is worshipping at any particular moment of the day. (VBG)

Best, Earlie

Best, Earlie



To: Bill/WA who wrote (84968)3/26/2001 9:20:02 AM
From: Earlie  Respond to of 436258
 
Bill/Wa:

Sorry I missed your post last week.

Any time one sees a double in this market, especially on options, the urge to take the profits should become overwhelming and one should give in to the urge. (g)

Last year, IBM was the best performer for my gang (and this surprised me at the year end review), primarily because the short term profits were taken and then new options were taken on most of the bounces.

I don't know why I allow young east coast whipper-snappers to get away with such obvious disrespect ("uncle" Earlie). Perhaps it is because in spite of his being a chart chaser, he seems to be more than passing talented at that voo-doo art and one has to keep up with what that arcane cult is worshipping at any particular moment of the day. (VBG)

Besides which, even though I am marginally older, I look a LOT younger. Chart chasing extracts its toll. (g)

Best, Earlie

Best, Earlie