To: golfinggramps who wrote (210 ) 11/29/1997 9:01:00 PM From: Duane L. Olson Respond to of 342
Jim, Good Evening, looks like we have a good discussion about Shorting going on, now that all parties are using civil language. My personal view is that I do much better shorting fairly liquid stocks, though I have no objection to others using approaches that suit them. Most of the more liquid stocks have Puts available, also, and I like to buy deep in the money (ITM) Puts when the market gets overbought. I used to buy "slightly" ITM Puts and found out they didn't decline as much as I would have liked -- just got a premium expansion. BTW, SI Management has reiterated their stated policy, which briefly translates as "Max Freedom of Speech, but NO Abuse": For those interested in the process, for violations, here it is (with a bow to Larry Sherwood for the verbiage): "You send Jill, the SI webmistress, an email detailing your complaint. Please make sure you have a strong case that the offender is violating the stated policies of SI. I know for a fact that SI does not particularly relish the task of being cop/nanny. However, they do want certain minimum standards upheld. There is an occasionally expressed canard that SI's efforts to keep discourse within certain parameters is a violation of someone's "right" to free speech. Balderdash! Nobody's right to free speech is a guarantee of a platform from which to spew forth. SI owns this forum and we are all here at their sufference." Hope this clarifies that for those who wrote me the emails, which I appreciated, by the way. And I hope we can get on with a civil discussion based on FACTS . Shot a 91 on a tough course today, Jim... maybe I'm getting old <g> Cheers!! Duane