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To: H James Morris who wrote (64750)6/27/1999 11:21:00 AM
From: Glenn D. Rudolph  Respond to of 164685
 
Glenn, agree. When I do a put or a call, I do it with speculation $money. I do the same
when I go to Las Vegas, knowing that the house has a huge advantage, I only take what I
feel I can afford to lose.


I may have taken the KIS portfolio out of context but it sure seemed like one should "bet" their entire portfolio on puts. I agree on the spec money only.

Glenn