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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Box-By-The-Riviera™ who wrote (43364)12/4/2000 8:56:22 AM
From: PMG  Read Replies (2) of 436258
 
The problem is, you can only have one opinion. And if I just shut up it's the same like saying there's no problem, no risk. Friends have acted on my advice and I try to make them just hedge their long positions and tell them everythink else is speculation but that I'm actually in for that speculation.

I had my parents sell 90% of their stock positions and switch to German government bonds. They rely heavily on their savings.

My speculation is DOW 10000 Dec Put warrants which need to be in the money the next 10 days or expire worthless. The upside is 22x if there is a real crash (-20%) or anything in between if the DOW just declines.

Anyway if I am wrong my friends have lost money on my advice.

PMG
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