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Politics : Ask Michael Burke

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To: Fred B. who wrote (59776)5/19/1999 4:08:00 PM
From: JBW  Read Replies (1) of 132070
 
Fred,
All I know(and I don't know much) is that if I had bought DELL and CPQ puts as advocated by M.Burke I would have made a bunch of money. As I was going to Japan for two weeks I decided to wait till I returned. Bad decision. And of course the next time it could go the other way. The fact is that if AG hadn't dropped rates in early Oct. a lot of Bulls would have a whole different outlook. Quit acting like a stock is a member of your family when a neg. comment is made. These things are up-down on a regular basis. Its knowing when thats rough.
And profitable. Nothing goes in one direction forever.
JBW
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