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


To: C.K. Houston who wrote (3416)10/5/1998 10:20:00 PM
From: Bill Wexler  Read Replies (1) | Respond to of 4634
 
Cheryl...that makes FOUR times that you've made a complete ass out of yourself. Do I hear five?

August 31, 1998
Message 5631890
Message 5636284

On the evening of Sep. 2, I decided to buy some CCI the following day. I agree that it wasn't clear from my post since it could me misinterpreted in the past tense. In the future, I'll try to be more careful.
Message 5658410

But I follow up with:

The next morning, I decided to sell puts instead (effectively the equivalent of me going long on expiration with the stock discounted by the option premium). I then bought them back at a loss.
Message 5667115

My thinking was that I was jumping the gun and being a "dipster", instead of waiting for a compelling price (if the stock doesn't get to the price...oh well.. another bus will come along in 5 minutes anyway.)
Message 5672656

By Sep. 15, prices become compelling:
Message 5750344

One of the things I've noticed about the Y2K cultists is that they make a bad habit out of taking things out of context to support their flimsy hypothesis. This isn't surprising since most of the Y2K believers come from fanatic bible-literalist millenial apocalypse loonies. Not exactly people who are adept at debating, or who are scientifically literate (or literate at all for that matter).

You're a liar Cheryl. But please continue to give it your best shot.