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

To: Knighty Tin who wrote (86736)12/12/2000 10:24:26 PM
From: Freedom Fighter  Read Replies (2) | Respond to of 132070
 
Mike,

The futures turned around sharply on the election news.

I think we could see a serious rally through year end and into early next year unless the news on the economic front deteriorates.

Wayne



To: Knighty Tin who wrote (86736)12/12/2000 11:19:46 PM
From: mishedlo  Read Replies (1) | Respond to of 132070
 
Mike, Election mess should be settled tomorow.

What PUT positions are you starting.
I know you can not give spreads, but hopefully ypu can name the stocks.

Thanks.

I am thinking of MER and C
Are there better choices.
I know you do not like leaps but I just may go that way.
Long time to be right and time decay will be very very slow.
If these stocks start bouncing I can also gain on time premium because of volatility (correct?).

M



To: Knighty Tin who wrote (86736)12/13/2000 10:21:05 AM
From: tom r. phillips  Read Replies (1) | Respond to of 132070
 
Michael et al. -- i have a nice 50% profit in some recently bought LU LEAPS (Jan 2003 calls at 25). i'd thought of them as a long-term play, but now LU at 20 with takeover rumors (unlikely, i think). i've never held calls in the face of a takeover -- any cautions, etc? thanks.

tom


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