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


To: Tommaso who wrote (94319)2/1/2002 5:05:56 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
T, The difference between long term and short term gains are not as big as they were before all these tax cuts. So, though I like long term better, I take almost no risk to get there from here when I have a winner.

Don't worry about the options markets. Big banks back it and they are too big to be allowed to fail. We may get US pesos instead of real dollars, but we'll get paid. And if they try to print their way out, the index just drops more to accomodate them. <g>



To: Tommaso who wrote (94319)2/2/2002 6:48:18 AM
From: tom r. phillips  Read Replies (1) | Respond to of 132070
 
Tommaso -- do you buy puts that are that far in the money? (12/03 Dow 140s)

Tom