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To: Tim McCormick who wrote (23303)10/30/1997 10:40:00 PM
From: Skeeter Bug  Respond to of 53903
 
tim, i could cry at $20 or laugh my *ss off at $30 and be rich at $20. it will be interesting. now that my had is off the platter and squarely back on my neck, i now know that being right isn't what counts for the short to medium term.

investing is like being a 3 point shooter. you have to have no conscience. pull the trigger as best as you're able. if it hits, great. if not, look for the next opportunity. i will now be much better prepared to evaluate other opportunities and profit handsomely going forward.

there is a lot of volatility in options. i was getting ill watching gtw and when the mms wouldn't even make a market i sold 70% of my holdings for just over a 25% profit. the other 30% is up about 100% today. being ill while making money isn't a good thing, though it is better than being ill while losing money. ;-)

options are crazy. i've had lots of fun and learned a lot about this game following mu. now i plan to implement that knowledge going forward.