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To: MonsieurGonzo who wrote (5255)1/27/1999 8:28:00 AM
From: Gersh Avery  Respond to of 11051
 
Steve ..

One thing I was shocked about was that, at first, I had the ratchet logic inversed and it still won!.

Next item that caught my attention was that the worst draw down seemed to be that you only got to keep %34.5 of the monies collected! And that event was because the underlying just went up.

Gersh



To: MonsieurGonzo who wrote (5255)1/27/1999 8:43:00 AM
From: Gersh Avery  Respond to of 11051
 
Dollar gaining, bond dropping ..

Looks like an explosive up day .. (S&P)

Looks like those AMZN calls might be OK today ..

Gersh