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To: Box-By-The-Riviera™ who wrote (339988)	8/7/2007 4:59:51 AM
From: Real Man	Read Replies (1) \| Respond to of 436258

Yes, box, the market is very dangerous right now. The probability that we could see 2002 lows very soon is probably 25% or so. I admit, the Krash bet has only a 25% chance. Do you feel lucky? -g- The probability is never high, but when it gets to this point, it's worth playin' -g- Spread on far in the tail puts is 5c/1$. Why is that? I was lucky to get mine for 15c -g- Fundamentally, it seems unlikely that any other type of decline, such as a bear market, can occur. Either we see DOW - 17K in December, or .... -g-