PE is important to investors, but no so important to traders
-wang-lao-wu(钻石王老五);
2008-2-5(#21648@43)
My ACH positions are long calls, not stocks. I recovered some losses in it by selling other calls, and then I cut the loss. The reason is I have been convinced this is a bear market
-wang-lao-wu(钻石王老五);
2008-2-5{158}(#21646@43)
If you have stocks, I suggest you sell some covered calls to generate some income. Doing so is better than sitting there and waiting for the stock to recover.