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Pastimes : I've Been Dubbed A Clown and Banned -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (433)	4/20/2001 12:39:22 AM
From: bobby beara	Read Replies (1) \| Respond to of 1735

one of your bendover buddies comes clean on stoopid derivative purchases, how many more clowns on your thread, besides you have been destroyed by leverage. THE TRUE DEFINITION OF A CLOWN: ANYBODY ON THESE THREADS THAT BRAGS ABOUT POOTS OR CALLZ. To:tippet who wrote (96533) From: mishedlo Thursday, Apr 19, 2001 11:54 PM Respond to of 96705 Tippet I have been totally fried and so many puts are so far gone that I will just let them go worthless. I am totally besides myself. Why didn't I just buy calls on anything and everything. All my profits from the beginning of the year now wiped out. Back to square one. I could have retired buying garbage calls. The only thing I can say for myself is that I am way up %wise from my Jan Low. BFD. Now I am quite literally scared shitless. What the F is happening here. For now I am with Grace. No new positions will be held overnight either way. This goes far far beyond a bear market rally IMHO (although I am really not an investor long enough to know). Everyone is talking of buying the dip. WHAT DIP! Why the F should there be a dip. DIP WHEN. I really see no reason for this rally to stop until every FN $ from everyone is invested in the market, all shorts have been forced out and EVERY SINGLE PUT from APR and MAY expire worthless. While I do not think this is likely I do believe it is possible. I do say this. If everyone is planning on buying the next dip or a retest of the low, then I guarantee 1 of 2 things. 1) There is no dip in May to buy (perhaps not until next expiry when all hell may break loose) 2) We crash thru the bottom like there is no tomorrow Best guess is sort of #1. We keep rallying. Any down move will be a headfake only as the dipsters will be out there dipping big time on any and every pullback until they are all on margin. Then 1 week from NEXT options expiry with zillions of calls deep in the money from all the clown call buying, then and only then does this rally end. In 1 week flat, all calls will be toasted just like all puts were toasted this month. Another nice transfer of wealth to the big guys manipulating this horsesh*t. If I sound pissed it is becuase I am. I am totally pissed that I missed the obvious. Totally pissed that I missed the chance of the year to make a killing.