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To: HomeBoy Security who wrote (121737)	3/26/2001 1:54:43 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 164684

>>advising the purchase of options is irresponsible. IMO.<< i didn't. the article is actually about a low risk way to buy calls. apparently, you spoke out w/o even reading the article. mouth moving w/ no knowledge = ... anything can be irresponsible depending upon one's approach. i'm telling you that if you are 100% wrong on absolutely every play you make - you can only lose a maximum of 5% in 12 months - all of which is tax deductible. max annual loss is 5%. that is irresponsible when the market is down 60% in 12 months? it is hard, but think. don't pick up one word and run with "conventional wisdom." that type of wisdom has bankrupted many a folk the last 12 months - every single one of whom would have been better off with the 90/10 option program.