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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (35609)11/9/1998 5:32:00 PM
From: yard_man  Read Replies (1) of 132070
 
Interesting remark. Can you elaborate on your strategy for put buying here? You say you are not a market timer, but MU has moved up enough since your first third that you would purchase, but the time is not right? Does this mean that you expect it to go higher?

Are you really desiring to stagger the expirations of the 1/3s you buy? Do you often attempt to do this? What is key as to whether or not to wait, if this is your method?
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