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Politics : Ask Michael Burke
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To: Terry Maloney who wrote (79697)4/16/2000 5:59:00 PM
From: Knighty Tin  Read Replies (1) of 132070
 
Terry, I will buy puts on rallies, but, given the high put premiums, I will be selling more call credit bear spreads. If it keeps going down, I will sell some puts and roll some out in time. After all, it is not like the Nasdaq in the mid 3000 area is anywhere near fair value.
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