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To: E. Charters who wrote (38300)	4/15/2007 7:35:30 PM
From: SwampDogg	Read Replies (1) \| Respond to of 78409

<<Here is to the inefficient market and all the corners thereof. Pash me another glass of mead, I have to do an augury and exorcism for a Sprott report.. do you think John Kaiser has much of this Consolidated Gopher Guts and Gold..? they are in China you know.. Gotta go places..>> you are sounding more and more like bukowski all the time just need to through in a few four letter words

To: E. Charters who wrote (38300)	4/15/2007 8:25:17 PM
From: LLCF	Read Replies (1) \| Respond to of 78409

No, you miss the main point of option theory... your entire first 3 paragraphs are irrelevant to the discussion. <In fact the Black-Scholes method of evaluating 'fair value of an option' is based in part on the hocus pocus that past value predicts or infers future..> This is incorrect as well... leaving us with one good nugget of wisdom: <isn't that what the statistical experts tell us is the sort of thinking that will lead us down the garden path in Las Vegas?> Correct, a lot of options guru's have been banned from all the big casino's. DAK