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


To: Knighty Tin who wrote (72409)12/28/1999 4:40:00 PM
From: valueminded  Read Replies (1) | Respond to of 132070
 
Mike:

I have been following mexico fund and find it difficult to believe that puts could be looking that good. yes it is down below 17, but it lately, it hasnt been much over 17 so the total range is about +/- 5%. It would seem difficult to make much money on those puts.

Also, intc and dell arent doing that much either. So puts on those guys wouldnt appear to be doing very well unless you bought right when they peaked. The djx 's are also not doing well as that is at record highs right now. Either I am a total idiot (dont respond) when I purchase my puts, or nobody is doing that well lately buying them.

I would be interested in knowing what you would buy at this point if you had no puts on anything other than xlk and xlf. thanks

(I missed ciena, and it did appear to do fairly well)