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To: The Reaper who wrote (168893)12/4/2008 12:23:43 AM
From: NOWRead Replies (2) | Respond to of 306849
 
euro yen turning back from the abyss tonight



To: The Reaper who wrote (168893)12/4/2008 12:24:47 PM
From: John KoligmanRespond to of 306849
 
Thanks, I hear you. I'v been a bit 'averse' to options but do use them on occasion. Back when I was younger and dumber, getting started in this racket at the dawn of the options age in the mid 1970's, a broker convinced me that the 'road to riches' was buying naked calls. Promptly lost almost my entire trading stake that I had built up by working through college and living at home. It was a powerful lesson.

Regards,
John