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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (70287)11/10/1999 5:32:00 PM
From: Terry Maloney  Read Replies (1) | Respond to of 132070
 
Michael, "The bulls are much cockier today" ... so these Masters of the Universe will crash and burn all the harder this time ...

Which leads me to the subject of counter-party risk. To use your 90/10 strategy in the face of a crash, with virtually every put out there suddenly becoming a ten-bagger, seems to require a good deal of faith in the clearing houses ... or someone. Do you think the Fed will bail us out, if it comes to that? <g>



To: Knighty Tin who wrote (70287)11/10/1999 7:32:00 PM
From: re3  Read Replies (1) | Respond to of 132070
 
michael, can we get an update on poot rec's

thanks

ike