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Strategies & Market Trends : DISsing DISney -- Ignore unavailable to you. Want to Upgrade?


To: Option Player who wrote (114)5/5/1998 6:42:00 PM
From: capitalistbeatnik  Read Replies (1) | Respond to of 136
 
"Option trading for me is really just a recreation, mostly done on paper. However, when I've traded with real money, my most successful ones have been Put contracts. So, yes, I am well aware the market moves in both directions."

So how much Monopoly money do you have in your account? Are you long the stocks you endorse in your profile? If so, that is in essence a long prediction. And I will brutalize you publicly if any of them go down, now that you have been so strident.

Oh, and by the way DIS has not yet hit 128 and when it does I will concede the error of the prediction. However, you will notice that those who posted against me were negative on PLA which has done fairly well, as have most of my stocks.

Now spend as much time working on that reading comprehension as you do posting and things will work out a lot better for you with real money.




To: Option Player who wrote (114)5/5/1998 6:48:00 PM
From: capitalistbeatnik  Read Replies (1) | Respond to of 136
 
"Exactly how many times did Peter Lynch post to a message board that company XYZ's stock will hit 30 before company ABC's stock hits 123?

Answer: Never! Because he knows that NO ONE can predict short term price movements. And to publicly declare a prediction such as that would be foolish, and he would expect to be ridiculed if such a prediction failed to come about."

But you ADMIT you trade PUTS! A price on a specific SHORT TERM DATE! How do you reconcile that with the above statement?

I can't wait to see how you try to work your way out of this one. Maybe there's a position for you at the White House.