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To: MythMan who wrote (263816)10/16/2003 8:32:05 AM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
lol.



To: MythMan who wrote (263816)10/16/2003 2:33:58 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
A guy on my board put his entire account into XMSR calls.
On the plunge a couple months back from 13 to 10.
Small acct as he went broke on RMBS margin.
Saved $3,000
Bought 90 Jan strike 20's for .30
Had a double in two days and refused to pull any off
This thing has chopped up down and all around but he never took any off
was holding to make $45,000 all or nothing
still has not taken any off but look at XMSR now
from .30 to $2.65 (bid right now)
Lets see .... $23,850

M