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To: Broken_Clock who wrote (39034)	4/10/1998 7:37:00 PM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 58727

holy cow.was the guy rich? Neidlehoffer went down in flames to remember that?GD

To: Broken_Clock who wrote (39034)	4/11/1998 12:32:00 AM
From: Alan Smithee	Respond to of 58727

In any case, the trade was based on some domsday newsletter advice. Hmmmmmm. That wouldn't have been the Official Kahuna Thread newsletter would it?

To: Broken_Clock who wrote (39034)	4/11/1998 7:19:00 PM
From: Patrick Slevin	Respond to of 58727

I have my own greed is good story about October. I got into puts around 24 and suddenly saw them hit 110. By the time I came out of my reverie ....and that was not long....I bailed at about 81 and an hour or so later they were 37. I'm sure by expiry they were zero. I don't know about where the fills were, but we are in theory traders; and as traders we are not here to presume the market will suddenly crash and our job is done. Our job is to trade it, and even in the middle of a selloff there is a time to cover our bases. Outside advice or no outside advice.