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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (69111)	10/14/1999 8:48:00 PM
From: Tommaso	Read Replies (1) of 132070

Mike, I just did some figuring up, and I am just about exactly breaking even with all my SCH shenanigans, despite the terrific decline. I think I will continue to hold the remainder of what have now become my January 20 puts, after all the splits (they started out as LEAPS). The rest of my puts are still LEAPS of 2001, so I have a while to await the grand washout. It is clear that the real way to get rich is to buy and hold long when the market is down. All these speculative maneuvers are entertainment and gambling. It's not investing. But happily in the midst of all this I have got totally out of debt. Don't owe nobody nothing. Swissies and gold in a safe deposit box. Cash in FDIC account. Oil in the ground via royalty trusts. Got my weight down and a year's supply of vitamin pills. Let (financial) Armageddon rip. Leave out the nuclear winter. I think I am ready.

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