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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Bill Ulrich who wrote (3253)	10/1/1998 9:07:00 PM
From: Bill Wexler	Read Replies (2) \| Respond to of 4634

Oh my...I usually don't gamble by buying options...but something tells me I should have loaded up on S&P and OEX Nov. and DEC. calls today. biz.yahoo.com Here are my favorite selected excerpts: ''Volatility is up in everything everywhere,'' ''The public is spooked and scared. They want to own puts. It's the only game in town for the retail investor who wants to participate in the downside,'' ''This put buying isn't going to dry up overnight no matter what the (put-call) ratio is.'' "...Now nobody wants to buy stock.'' ''That's just the ninth way of saying the party is over and the lights are out.''