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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (7825)	10/7/1998 12:33:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

Judy, thanks. But I am not ready to celebrate. Trying to draw a line between greed and my true assessment of the situation. I know it would be prudent to close a good chunk of the puts. But, I am obsessed with one observation - everything that could go wrong went wrong for the bears early this year. Now, I am convinced that everything that can go wrong will go wrong for dipsters and short-term swing traders. The only big difference is that no govt. will come to the rescue of a short seller. But the speculators of the world have enormous backing of the governments, central banks and not to mention the public sentiment. I am keeping my fingers crossed watching things closely. BTW, when I said cisco below 30, I mean it. That was my forecast back in December and I am sticking to it. However, I will be closing my puts much earlier than that. -MMV