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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (32664)9/19/1998 11:06:00 AM
From: Lee Lichterman III  Read Replies (1) of 132070
 
Totally agree but I am wondering if I pulled the trigger too early. Seems many analysts are expecting a loss of 53 yet whisper on the boards is minus 30. Do you think they will pop up Wednesday and allow us a 3-1 sale on the puts for later strikes?

I have to admit, I wasn't planning on buying these as I was riding IBM down all week and when I rolled out of those Friday didn't want to be empty handed over the weekend so just went with my other favorite target MU. Came home to find all this "good news" <g> on them and am now wondering if I should get out of these Monday and re-enter after the sharp pencils have had their say.

Thanks in advance

Lee
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