VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (995)	9/13/2000 4:19:41 PM
From: RocketMan	Read Replies (1) of 65232

Hey, V, hope you're right on RMBS. Got some Jan 75 calls this morning. Don't have the same faith you do, though, so I hedged them with Nov 75 puts. Been burned too often on high flyers. If RMBS takes off like you think it will, the cost of the puts will be minor. But if the lawsuits become a problem, or anything goes wrong, I have some downside protection. Just call me a wimp :-)

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