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To: SecularBull who wrote (3741)7/21/2000 9:47:53 AM
From: DownSouth  Read Replies (1) | Respond to of 10934
 
LoF, the alarm bells are going off. I am afraid you will be treating LEAPS the same as short term instruments. You had better read the book.

It's kinda like a cigarette smoker trying to smoke a cigar. The cigarette smoker often ends up sick because he thinks he is supposed to inhale.

To get maximum pleasure the rules are different.

(Some other analogies come to mind, but I will keep them to myself.)