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


To: Knighty Tin who wrote (79218)4/8/2000 10:07:00 PM
From: put2rich  Read Replies (1) | Respond to of 132070
 
Mike,
Not lucky with puts currently and lost a bunch. Well if I just delayed buying puts just 3 weeks in CIEN PHCM PUMA I could have made tons in the last 2 weeks.
Now I try to buy some puts on MU, should I do it now for April or May and what strike price you suggest?
Thanks



To: Knighty Tin who wrote (79218)4/9/2000 10:05:00 AM
From: Tom M  Read Replies (1) | Respond to of 132070
 
quite the multi-year summary: Message 13382668



To: Knighty Tin who wrote (79218)4/9/2000 10:19:00 AM
From: Les H  Read Replies (1) | Respond to of 132070
 
Top Ten Possible Reasons Why Abby Cohen Cut Her Recommend Stock Allocation

10. An early April Fool's Joke?

9. Someone gave her the URL to the Fiend's SuperBear Page.

8. She was upset that the level of fawning from Wall Street and the media has been waning and wanted to get back at the
Bulls.

7. Maybe, just maybe she feels that her SuperTanker Economy is about to run aground like the Exxon Valdez.

6. The fact that the Wall Street Week Elves Index moved back to +8 unsettled her. The last time it hit such a reading, the Dow dropped more than 15%.

5. Since her cash level was 0% prior to her recommended adjustment, she had no choice but to raise it slightly. This way, she can later decrease her cash position without going negative.

4. It is possible that she had no idea that such a small decrease in her allocation recommendation would be such a big deal.

3. If the stock market was a game of musical chairs (and it is) she just wanted to move a bit closer to one of them in case the music stops.

2. She had a bet with Alan Greenspan that her comments could have a bigger impact on the stock market than his.

1. She had a flashback to 1987 when she was fully invested and bullish just prior to the October crash.

Acknowledgment: David Tice