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Politics : Ask Michael Burke
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To: edamo who wrote (57590)4/27/1999 1:10:00 PM
From: Michael Bakunin  Read Replies (1) of 132070
 
Ed, your trading style will work if you are uncannily accurate in estimating future implied volatility, or if you are right about the long-term trend of the underlying. If you are wrong on both counts, your strategy likely will merely cushion the blow. Our argument on the Dell thread based wholly on your tendency to make absolute statements like seller always eventually wins, which is untrue on its face as written. Replace always with usually and there's no argument. -mb
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