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To: re3 who wrote (38283)11/17/2000 9:21:56 AM
From: pater tenebrarum  Respond to of 436258
 
both at the top end of their ranges...will be difficult to time though. if the put premiums are cheap, one could give it a try anyway...agency spreads have come in a bit, but are still wide by historical standards. apparently the stock market is betting they'll shrink more - wrong bet if there's a recession.