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Politics : Idea Of The Day

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To: Judy who wrote (15567)	12/13/1997 11:31:00 AM
From: AlienTech	Read Replies (2) of 50167

>>On any market strength or rally in the coming weeks, one may want to sell covered calls to hedge current holdings and buy cheap protective puts ahead of time for any long positions that one may leg into as the market slides.<< Woudnt it be simpler to just sell puts instead of buying stocks and then buying puts? What time frame are you looking at? The asian problems been there for years and will take years to solve. There is also the russian problems which can affect the european recovery. Not sure how an irrational market behaves other than they chop off the heads of ones who say bad things but only a hand or two if you do really well.

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