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Politics : Ask Michael Burke

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To: Fred B. who wrote (59662)	5/19/1999 10:35:00 AM
From: Knighty Tin	Read Replies (1) of 132070

Fred, A bit of remedial math may help you undestand the concept. How does a 100% loss on IBM puts rank compared to a 1400% gain on Compaq puts? How does a 100% loss on Dow puts rank compared to a 900% gain on Dell puts? How does a 100% loss on Schwab rand compared to a 700% gain on Merrill puts? It would be nice to be right on every put decision, but that is impossible. However, the idea is to make money, not make cheap shot comments from the bleachers after you learn a couple of partial facts.

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