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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (87909)	1/4/2001 6:27:44 PM
From: Earlie	Read Replies (2) of 132070

MB: I share your views on Fannie/Freddy Fannie puts (June 75s) looked good a few weeks ago, so they were acquired. Today, the market decided that Fanny was looking a bit tatty, and the stock price fell down the stairs a bit. The profits were decent, but taken a bit too soon (twenty minutes later,..... but haven't we all been there a hundred times?) (g) Not that I am complaining as it was a nice waltz. I will of course use any rally as an excuse to dance with this lady again. (g) Best, Earlie

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