Quote:
Originally posted by MattK@Oct 4 2003, 01:10 AM
short term, the odds are much higher that we will have a big correction in stocks, versus the chances for any kind of meaningful rally.
a couple months from now many people will be mad they did not get out while the gettin was good (i.e. sell now while you still have some gains left).
 
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and how much are you losing in your short position, may I ask?
you remind me of myself back in 1985-1987
I was buying puts on the market from 1995 'till AUGUST of 1987...I just ran out of money, while the stocks were moving up....
in Octobner of 1987, the market lost 508 points, 22% in one day,
but....the ship has left without me