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then why not buy puts? Limit risk to the
downside and unlimited profit to the up side. A written call leaves
unlimited risk and limited profit. Not the best position to be in.
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=profitok@xxxxxxxxxxxxx
href="">profitok
To: <A title=astrofin@xxxxxxxxxxxxxxx
href="">astrofin@xxxxxxxxxxxxxxx ; <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Cc: <A title=yacov@xxxxxxxxxxxx
href="">Yacov Twena ; <A
title=bigschmo@xxxxxxxxxxxx href="">vincent ;
<A title=u.Stuart-Auslander@xxxxxxx
href="">U. Stuart-Auslander@xxxx Net
(E-mail) ; Slawek
(E-mail) ; Ronald
McEwan ; Ron
Miller (E-mail) ; <A title=panda2222@xxxxxxxxxxxxx
href="">panda2222@xxxxxxxxxxxxx ; <A
title=ntt-list@xxxxxxxxxxxxxxx
href="">ntt-list@xxxxxxxxxxxxxxx ; <A
title=cnedgo@xxxxxxxx href="">Ned Markson (E-mail) ;
Mike Burk ; <A
title=ketayun@xxxxxxxxxxxxx href="">Kate
(E-mail) ; <A title=Jseaton357@xxxxxxx
href="">Jseaton357@xxxxxxx ; <A
title=Gocycles@xxxxxxx href="">Gocycles@xxxxxxx ;
<A title=urania@xxxxxxxxxxxxxxxx
href="">Elizabeth (E-mail) ; <A
title=dcarter888@xxxxxxxxxxxxx
href="">doroty.h ; <A
title=dperrino@xxxxxxxxxxxxx href="">Dom
Perrino ; <A title=dan.danc@xxxxxxxxxxxxx
href="">Dan C (E-mail) ; <A
title=cyclesman@xxxxxxxxxx href="">Cyclesman
(E-mail)
Sent: Thursday, March 04, 2004 8:43
PM
Subject: [RT] sp500/nasdaq top
Most likely 3/5/04 should be a top
for a while
get out of longs and if you have long term
gains consider writing calls
most likely next is 1050 on sp
if I am wrong, the max upside is only 10-15 sp
points
best regards
Ben
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