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To: Elmer who wrote (73088)3/3/2002 5:51:18 PM
From: niceguy767Respond to of 275872
 
Elmer:

"I'm still waiting to hear how this is different from just holding the equity, or how it differs from you and your Jan leap calls? It's obviously got you befuddled even more."

Elmer, my point, for the mteenth time is, that not only is your investment strategy not failsafe, but also you haven't made a profit until either the calls expire or you unwind the position...You strongly intimated that you had made a profit on this transaction to which I reply that although you may be ahead on paper at the moment you haven't made a profit on this one transaction until the options expire or you unwind the position...

As to the new issue that you are now choosing to raise but has not been at issue until you have just now raised it...holding equity or holding Jan leap calls is not failsafe either and in that sense are no different...No one investment is strategy is failsafe...It's really not as befuddling as you, once again, seem intent on making it!!!

"What I don't understand is why no one has asked me why I didn't just sell puts?"

Maybe nobody cares??? heheheh!!!