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OptionTdr1 wrote:
>
> I've used the Bliss strategy at web site Optionstrategies.com and the results
> are real. It's basically a short strangle strategy. This strategy has always
> been a favorite of mine. I consistently make $$$ utilizing it.
>
> Bill
Bill and all,
I am curious as to who takes the hit when the SP has another few
days like October of this year, and 1987?
I can picture THAT phone call ---
"Well gee, we were wrong this time, so here's 500 bucks, and a
$2,000,000 margin call. "<G>
Is Mr. Selin adequately representing the risks inherent in such a
trading plan ??
IMO, this sounds like a good way for a brokerage to collect nice
fees 90% of the time, and walk away leaving the client holding the bag
the 10% of the time that the strategy fails.
Walt Downs
CIS Trading
http://cistrader.com
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