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To: bcrafty who wrote (43767)6/28/2002 11:21:58 AM
From: yard_man  Read Replies (1) | Respond to of 209892
 
>>You seem to me to be a pretty sophisticated investor, so I don't have the impression that you are saying to yourself "well, it looks like we'll be going down sometime within the next few days, so I'll buy some puts now." <<

I am NOT sophisticated ... don't know that you've mischaracterized my attitude here except, I would say:

"well, it looks like [there is a decent chance that we are] going down [very hard] sometime within the next few days, so I'll buy some puts now [because I don't know exactly when this will start]."