Jan

30

If Rocky were here I wonder what lesson would be learned from GE, up 8% today. As I recall he was long calls at 12 ish (last year I think or earlier) that have come back into the money. All prices will be seen at least twice is one of them. Also, positions are bound to go way against before they go in your favor. And the cotton trader's never get out at break even after a big paper loss.

Kim Zussman writes: 

Yes, but for every GE how many Enrons, Tycos, Worldcoms, Pets.com, etc?


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