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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?


To: IngotWeTrust who wrote (24166)5/4/2000 8:44:00 AM
From: Mike Buckley  Read Replies (1) | Respond to of 54805
 
49r,

THat's a really interesting and illuminating expose of the 3:1 strategy of selling puts and buying calls. If that really is used prevantly as you say, the situation is far worse than even I believed. I'm glad to see that we agree that it is potentially an abuse of management's authority.

Care to modify your blanket statement re: put writes [implied "ONLY"] for share buyback programs? Your utterance quoted above and NOT taken out of context indicates makes you sir, QUITE MISTAKEN!

ROTFLMAO!!!!!!!!!!!!!!!!!!


I don't know why you're rolling on the floor laughing your ass off. You and I have not had an exchange that I can remember. You apparently missed a post I wrote recently in which I clarified that I invite people to correct me and disagree with me. I should now clarify that I do so with the idea that people do it politely. It's a shame that your wonderful post full of great content was ruined by the tone of your opening and closing statements. In the future, I won't take the time to respond in detail to posts addressed to me in that manner but I do look forward to your content offered in the tone in the middle of your post.

--Mike Buckley