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To: Skeeter Bug who wrote (34867)6/13/1998 2:13:00 PM
From: mike iles  Read Replies (2) | Respond to of 53903
 
Skeeter ... agree the end is nigh ... really looking forward to next week's numbers ... expect they'll be so bad that even marginal thinkers like M. LeNiles will start to wonder about their 'How Green Was My Valley' scenario ... it's kinda hard to look over the valley when you got to go thru a hundred miles of bad swamp first. My biggest mistake in the last couple of years was overloading on the April puts earlier this year ... got carried away after success with the Decembers and just could not believe that MU wasn't about to crash and burn (should have listened to DavidG ... what guys like him don't realize is that the fundamentals are like gravity ... MU may fly high for a while but when it runs out of Kippy marsh gas it will crash and burn) ... but fortunately I lived to fight another day ... jeez the Julys almost made it into the money on Friday ... look out below ...

'woof,woof,woof,woof,woof ... easy big guy, it's only an inventory correction'

regards, Mike