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Politics : Ask Michael Burke

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To: Bill F. who wrote (62195)	6/12/1999 2:09:00 PM
From: LLCF	Read Replies (1) of 132070

<.markets often overshoot this one has in spades.it will again on the downside too.i heard the same things in tokyo as the mkt went from 29000 to 39000 while i was short,> Oh, how sweat that was.... if you remember correctly those "NIKKEI PUTS" by Solly and Paine Webber came out the fall before the crash... I bought 'em from $5 down to $3 like a bullheaded idiot [just like you are!]... and one day they went into the 30's over a couple week span. GOD THAT WAS GREAT! Think I'll start buying S&P puts... they seem highly priced however, what do you think? DAK

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