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To: DavidG who wrote (41905)	1/5/1999 11:00:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 53903

i'm in at $2, so this current mania hasn't been too damaging. i owned some txn puts at $3, saw them go to $1, sold at $2 3/8 or so and them watched them go to $30. just depends on how you play the game. anyway, still lots of time before perspiration day. i'm a longer term theme investor and don't think ike a trader. if i sold my cmb puts for 100% gain then i woulda missed out on 900%+. other times, if i would have sold for a double i'd have saved a worthless expiration. unfortunately, you never know which is which until after the fact. lots of dry powder, so if these bowsers keep going up against all odds, i will be there to nab them... pretty powerful rally today. i'm impressed. it means we either go quite a bit higher quickly or we've essentially put in a long term top. time will tell.