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Don Schlesinger: Re: blind luck
> After Don told me to sh*t or get off the pot,
Well, if that's the way you put it! :-)
> I bought
> some $200 POT puts for June at $18.80. Today's close:
> $27 and change.
Sell half of them!! (See above about bulls, bears, and hogs!)
> Nearly 50% made, 48 hours later.
It's an aberration! :-)
> If I
> had done this on Friday, I could have gotten that put
> at under $16 easily. Thanks for the push Don, I needed
> it to wade into the water.
Now, get out ... at least partially. Don't hold too long and watch all the profits evaporate.
> I had built an average short position day trading on
> Friday in POT at $202.25, but cashed out at $205.75
> for a $3k loss. If I had stayed in, I would be up $20k
> today and taking some profits!!!!
Not my responsibility! :-)
> Blind luck, or insight?
No comment.
> I'm not sure yet, but I've
> seen too many of these situations develop to NOT enjoy
> playing with them. And with a resource like Don on the
> gratis payroll, why not?!? Thanks Don. :-)
Damn, I do come cheap! :-) (But, I get paid a little more for my options seminars. :-))
Don
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