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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (86933)12/15/2000 7:42:06 PM
From: mishedlo  Read Replies (1) of 132070
 
Mike, I do not know if I was smart or not, but we had 2 Huge down days in a row on the DOW, 3 on the NAZ.

I closed my PUTs already on MER and C.
On the next bounce, (which I hope we get now), I will reload more agressively.

I also closed PUTs on AMZN today and to my amazement it rose 1 1/2 poins right after I did.
Who is buying this garbage?

Closed PUTs on CSCO and some on RIMM as well.
All profitable. Still holding very underwater puts on BRCD, and RIMM that I bought at the wrong time.

They are March so plenty of time to win.
In the meantime if they can walk RIMM back up to 100, I will load the truck with PUTs.

M
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