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To: marc chatman who wrote (31708)11/11/1998 2:11:00 PM
From: RealMuLan  Read Replies (2) | Respond to of 95453
 
<<Anyone trading the events in Iraq is gambling IMO.>.

Good point. The truth is that the US does not want to launch a full-size war. I read somewhere it will cost millions of $$ just for one day of war. Two weeks will wipe out most of US budget surplus, which is now estimated at about $63 Billion. I also think that is a major reason why Sadam H. keeps teasing the US.



To: marc chatman who wrote (31708)11/11/1998 4:26:00 PM
From: gregor  Read Replies (3) | Respond to of 95453
 
>>>It's a good idea to look for support levels before trying to catch the knife (take it from one who got cut).<<<

RIG bumped off 32 three times today..I checked the options. The stock was trading down 7/8 for the day and the option ( RIGLF ) dec 30's was down a whopping****4 and 3/4. It has been 15 years since I've traded options but that:: I could not resist so I bought a few. If it was a misprint, so what, I'll fight it out with my broker..as of now it's in my account...gregor