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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Petz who wrote (117929)	6/27/2000 8:03:00 PM
From: kash johal	Read Replies (1) \| Respond to of 1573725

Petz, Great Post. Lets see if liar elmer responds with any facts or simply starts calling u names and continue lying. Is there anyway we start a thread asking for ALbert to be allowed back. regards, Kash

To: Petz who wrote (117929)	6/27/2000 8:03:00 PM
From: Elmer	Respond to of 1573725

Perz will you get a grip... First you came on here and lied saying that I complained about Albert. I never complained about Albert and this simply isn't like you to flat out lie like this. Where did you get this nonsense??? Then you make up some ludicrous analysis about put writing that makes no sense whatsoever and has no basis in fact. You base a large part of your logic on an "s" as in "CCs"???? Are you NUTS??? Here's the line you used to do your analysis: "Wrote May $60 Puts. Got 2 5/16s. Bought shares @74 and sold May $80 CCs. Got 5 3/4s." Here's your idiotic analysis: "Assuming you bought 200 shares with the proceeds of your puts (the minimum possible for you to sell "May 80 CCs" -- you would need $14,800 of "put proceeds" since this is an IRA account which doesn't allow margin. Since you claim you got 2 5/16 or $231 for each put, that means you had to sell at least 65 puts to get the $14,800. Since you admitted that the rules of the IRA account require 100% margin for naked put sales, you have to have a cash balance of at least $80 x 100 x 65, or $520,000 in your IRA account." Now please tell me where does my post say anything about an IRA account???? Your whole analysis and your accusations against me are based on something you just made up out of thin air!!!!! I do have an IRA and I do write puts on AMD from that IRA as well as 2 other accounts but the above quoted trade says nothing about my IRA account. You imagined the whole thing. Between your false accusation, totally lacking any substantiation, that I complained about Albert, and your completely imaginary IRA trade, you are accusing me of things that never happened and you are making a fool out of yourself. Get a grip Petz. Am I posting to a group of lunatics??? EP