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To: Jim McMannis who wrote (164642)4/27/2002 5:43:05 PM
From: L. Adam Latham  Respond to of 186894
 
Jim:

Re: ...but the markets are heading for September lows and the gold stock index is about the only thing going up. Ever wonder what's wrong with this picture?

Yes - the equity markets are behaving irrationally in the short-term. It's that simple. A great time to generate extra cash writing puts (and to buy back the almost worthless covered calls I sold to other chumps several months ago).

Adam