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To: Earlie who wrote (195640)10/6/2002 3:10:13 PM
From: Tommaso  Respond to of 436258
 
Yes, you have certainly done a service warning people about the expense of gambling with short term puts. My experience has pretty much been that I almost always lose money on options that are six months or less, and almost always make money on LEAPS. "The market will fluctuate," as we all know, so if you are in long enough there's likely to be a time to grab profits. Also, though, you can actually make long term capital gains with LEAPS, whereas there's no tax benefit possible for short sales.



To: Earlie who wrote (195640)10/6/2002 4:35:33 PM
From: sammaster  Respond to of 436258
 
to the board

i can understand how americas double dip recession will hurt asia because it is so export driven to US
but...
Why cant Europe stimulate their own domestic demand to make up for slack of americans?
are they overtaxed? hate spending? prolific savers?
America has been the worlds growth engine, why is Europe unable take some of that burden?