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To: Earlie who wrote (258047)8/28/2003 9:36:03 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
Earlie,

How are you doing?

>>How about day trading.... easy way to become rich in a year or so isn't it? (g)

That should be easy - all you have to do is buy the golds and silvers at the open and sell on the close. Why didn't I think of that. <g>



To: Earlie who wrote (258047)8/29/2003 1:23:53 AM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
Earlie take a gander at the Sept QQQ puts
26 173K
27 146K
28 298K
29 187K
30 139K
31 265K
32 216K
33 88K

Guess how many of those are going up in smoke?
IF we head down, delta hedging will be nothing short of spectacular, but it does not look like it to me.

OCT
30 185K
31 99K
32 212K

I do not know if these are hedges or what, but I can say month after month after month, millions upon millions of PUT $ go up in smoke.

M


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