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Politics : Ask Michael Burke
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To: AurumRabosa who wrote (69138)10/15/1999 11:50:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Ron, Most large fund cos. who use options and futures won't have any trouble making redemptions on a 10% drop. A 20% drop would kill them, though. When they all try to exit at once, there will be no buyers. Well, except for me, and I really don't have that much money. <g>

I like Dell, Gateway, IBM, Freddie Mac, the QQQ and many others for puts, but I always buy them on up days, preferably manic up days.
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