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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (10819)12/3/1997 8:04:00 PM
From: Barbara Barry  Read Replies (2) | Respond to of 94695
 
Bill,
Amen to that post! I agree, that is. But with all my mistakes.. being right is not important. One of the biggest enemies to options folks is time. I learned never to stay too long, especially if it isn't going the "right" way. Once a friend of mine was getting killed on his positon and he held to expiry week and actually ended up in the $..pure dumb luck.So do you think Jodi should back test the time issue
so she learns that you NEVER hold options as one might gamble on a stock? I had to learn about the time premium the hard way and that is why I said being right doesn't matter.
Regards,
Barbara



To: William H Huebl who wrote (10819)12/3/1997 9:43:00 PM
From: P.Prazeres  Read Replies (1) | Respond to of 94695
 
Bill,

in the past few years, has there been a major selloff with volitility decreasing...and with so many stocks already beaten up, where is the selloff going to come from (PG, GE, CSCO and the likes?)...I just don't see it.

Paulo