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Politics : Ask Michael Burke

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To: valueminded who wrote (75394)	2/7/2000 7:51:00 PM
From: yard_man	Read Replies (1) of 132070

Chris, I'd be lying if I said I didn't think I just got lucky with LU and DELL. I just don't know ... I haven't had time to look things over. I rolled some of my profits into OEX puts and have watched the premie collapse on those. I think MB's idea of TMX and TBH are both good, just early perhaps ... been thinking seriously about TMX -- but only as a bet against our own market. I think if we go down, Latin America will get hit hard, too. DJX puts look good to me ... I think DELL will see much lower prices, but it is hard to play as it has fallen so much already. If it got ramped up a tad I'd do it again. I'm thinking differently than just particular issues -- if you can't already tell ... I think a real BK is around the corner. Most of the tech issues are just too expensive on the premie unless you play far out of the money ... I'd rather just pick up cheap index puts when I can. I don't want to pay over a point because I want leverage ... to each his own.

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