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To: Philip W. Dunton, Jr who wrote (1335)1/19/2000 9:50:00 PM
From: wolfdog2  Read Replies (1) of 1354
 
Dunton, you've got it wrong! MM lost on the puts not because his market calls weren't good but because of the expense of the puts and the fact that the S&P in 1998 was much stronger than the broad market. He in fact called the top pretty much on target both in 1998 and 1999. Give him credit where it's due.
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