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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (24002)	10/25/1997 12:44:00 PM
From: hpeace	Read Replies (2) of 132070

burke, this pullback isn't as much as the pullbacks we had in feb/mar and then again recently from the aug 7th intraday hi of 8299. we have only pullbacked 7.26% from that hi.. we had a 9% pullback on the other retreats. of course my two puts positons are protective puts so no profit and asnd isn't falling so that positon is okay. I still would rather ride a stock up 200 points.. You better cash in those gains..they could evaporate. You would be better off with puts on those Japanese compnaies. you would have cleaned up bigtime then. You know..the Japanese pc companies that were suppose to destory the USA compnaies. Instead DELL and CPQ clean their clock

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