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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Bill Wexler who wrote (3881)3/2/1998 10:22:00 PM
From: KM  Read Replies (1) | Respond to of 18691
 
Short MSFT. EOM



To: Bill Wexler who wrote (3881)3/2/1998 10:22:00 PM
From: Pancho Villa  Read Replies (1) | Respond to of 18691
 
You are right. He was selling a huge amount of index puts hoping the market would bounce on Monday (was it a Monday?). Ironically, in his book he discusses an interesting set of statistics one of them being that Mondays are more frequently down than up days. Selling a huge amount of any type of put is risky.

Pancho


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