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To: Petz who wrote (232427)5/10/2007 6:15:20 PM
From: TGPTNDRRespond to of 275872
 
Petz, Re: You are way too generous>

LOL! IIRC last year you made 4, maybe 5 round trip profitable option trades in a row before going for one you said was dubious -- and it lost money. That's a *BIZ*, the pros say is ~ 90% total loss to expiration.

Now, I'll grant you weren't playing to expiration, neither do I and neither does NG (Though he holds his views much longer when the tape turns than do I.)..

Re: My average cost of shares is still $17.50. OMGosh, you're $3.50 under water on your current shares, how terrible, LOL!!

We all make bad buys and sells. The point is to try to evaluate every day where things are headed tomorrow, next week, and, most importantly, next year when Cap. Gains break cuts in. And, though I may be wrong, that's where you excelled last year in your short term trades...

Long lightly Jan $17.50s & get'n tired of looking for bottom,
-tgp