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<DIV><SPAN class=10431507-27071998><FONT color=#0000ff face=Arial size=4>Just a
bit of information. Normally these virus alerts are all B.S., but you can
link to Symantec's web page and find out it's real and they have a standalone
piece of software to scan for it.</FONT></SPAN></DIV>
<DIV><SPAN class=10431507-27071998><FONT color=#0000ff face=Arial
size=4></FONT></SPAN> </DIV>
<DIV><SPAN class=10431507-27071998><FONT color=#0000ff face=Arial size=4>Just a
bit of information</FONT></SPAN></DIV>
<BLOCKQUOTE>
<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2><BR></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Check out this virus, set for Sunday the
26th.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>
<P><B>WARNING WIN95 USERS: DEVASTATING CIH VIRUS <A
href="/anchordesk/glossary/glossary_106.html"><I>SET</I> </A>TO DETONATE
THIS WEEKEND</B><BR>Forget protecting your computer from the Year 2000 bug.
It may not make it through the weekend. On July 26, the Windows 95/CIH Virus
is programmed to strike -- and if you're infected -- your computer may just
stop working. Discovered by a researchers in Great Britain, this virus may
render your machine unbootable by overwriting part of the <A
href="/anchordesk/glossary/glossary_8.html"><I>BIOS</I> </A>code. <A
href="http://www.zdnet.com/chkpt/adstlink/www.zdnet.com/zdtv/cda/index/0,2073,2121893-2103874,00.html";>Click
for full story.</A> Is there hope for your machine? Yes. Just don't turn on
your machine on Sunday, July 26. Or, take more formal precautionary
measures. <A
href="http://www.zdnet.com/chkpt/adstlink/www.zdnet.com/zdtv/cda/index/0,2073,2121899-2103621.00.html";>Click
for full story</A>. Which should get you through until the next time CIH is
due to go off -- the same time <I>next</I> month. </P>
<P> </P>
<P>
</P></FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Jul 27 07:20:43 1998
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Date: Mon, 27 Jul 1998 11:46:03 +0200 (CEST)
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To: metastock@xxxxxxxxxxxxx
From: Onno Goedknegt <goedkneg@xxxxxx>
Subject: Re: More on Fishback
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Thanks Bill, for giving us your opinion on Fishback's ODDS!
And thanks Conrad for contacting me about this!
Just for your info, I don't have Fishback's video nor book.
In Metastock 6.5 the Expert Advice contains Fishback's ODDS.
An important part is the volatility calculation.
Bill, I can understand you couldn't type the whole story in this e-mail,
but is volatility not an important part in this ODDS strategy ?
Regards,
Onno Goedknegt
At 21:23 26-7-98 PDT, you wrote:
>I also just recieved the booklets and video from Fishback on his options
>"system." I've just finished reading the whole thing (less than a
>night's work), and I've also watched the video.
>
>The main book "Options for Beginners" is just that.... nothing I'm sure
>average option player don't already know. The video and booklet
>explaining the ODDS system are quite a bit more complicated, but when
>all is said and done, I found myself wondering "what's the bottom line?"
>How do I trade this system? (If is even a "system" at all.) That answer
>seems to be found in the little 8-page supplement "How to win 87.5%,
>etc." Here's how I boil it down... let me know if you think I got it
>right....
>
>In trading an index (Fishback uses the S&P 100), we're guessing the
>index will trade within within 5% of where it started the month. Using
>an option strategy called a credit spread, we can sell both puts and
>calls five percent out of the money, and then insure our bets by buying
>the same number of puts and calls at the next strike price out from the
>ones we sold. For example, if the index is trading at the start of the
>month at 500 (nice, round number), we can sell the 525 call and sell the
>475 put for profit, and then insure it by buying the 530 call and 470
>put. We pocket the difference between the puts and calls sold versus the
>ones bought for insurance. And unless the market makes a fairly big move
>in either direction, the puts and calls we sold expire worthless (all
>profits to us), and so do the "insurance" bets (but at a lesser loss
>than the income from the sales).
>
>How does that sound? Is anybody doing this? And if so, is that five
>percent "estimate" on a monthly move fairly safe? Fishback says you can
>adjust the system to any level of safety you want, simply by selling
>farther out of the money puts and calls. (The further out of the money,
>the less the chance of the market moving to that point, the greater the
>margin of safety - and less profit as well.)
>
>Again, I'd love to hear from anyone making this work. Thanks in advance
>for your replys.
>
>Bill Sklodowski
>
>______________________________________________________
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