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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Razorbak who wrote (918)	3/3/2001 8:09:59 PM
From: Sharp_End_Of_Drill	Read Replies (1) \| Respond to of 23153

Razorbak-son, I'll have to rescind your kind congrats. I tried to short the KREM shares at about 95, and got that unpleasant call from the broker that no shares were to be found. I ended up going with May 100 puts. I hope the lockup expiring gives me a good fall, and I thank you for that bit of news. My other puts on JPM have certainly had a nice ride lately, but now I'm torn on whether to sell them or hold for more. I've seen JPM fly when people (falsely I believe) thought they were a good flight to safety. What do you think the derivatives risks are shaping up like? If Japan does have some wholesale bankruptcies could that trigger some derivative pain? Sharp