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

To: Shtirlitz who wrote (3941)	12/3/1998 4:24:00 PM
From: Bill Wexler	Read Replies (1) \| Respond to of 4634

<<Well, I've sold all my long positions>> Huh? Why?? If you are really concerned, why not sell some slightly out of the money covered calls as a hedge?

To: Shtirlitz who wrote (3941)	12/3/1998 7:50:00 PM
From: xcr600	Read Replies (1) \| Respond to of 4634

<< Will anybody tell me now, why the whole world is in panic again? I thought that 10 European countries cutting rates at the same time is a pretty good news. >> Because I finally gave in and covered most of my short positions. Should have known that the internet frenzy was once again a sign of the top. Learned some valuable (and very expensive) lessons these last six months. Will use tight stops on everything now. Too much volatility.