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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (55381)	4/9/1999 2:15:00 PM
From: Freedom Fighter	Read Replies (1) of 132070

Mike, >>To All, I am trying to buy Merrill puts as this is written. I will let you know if I am successful. Merrill was one of my huge put winners last year, moving from over par to near $35. I made most of my money from the mid 80s to low 50s, but I had a small number of outrider options that enjoyed nearly the full decline. Looking for a repeat this year.<< I think I tend to be more long term oriented than most of the posters to this thread, but here is one we can agree on. I hate the financial sector at these prices and I suggest you look at Citigroup and a few others too. There is no way in hell that banks and brokers will sustain their current levels of profitability over the long haul and if the system really blows up taxpayers better hide their wallets. Wayne

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