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


To: Knighty Tin who wrote (96789)7/21/2002 1:45:50 PM
From: BGR  Read Replies (1) | Respond to of 132070
 
KT,

Spoken like a true gambler.

I noted that you didn't respond to my post detailing my investment record over the past 8 years. :-)

-BGR.



To: Knighty Tin who wrote (96789)7/22/2002 7:38:45 AM
From: Bill/WA  Read Replies (1) | Respond to of 132070
 
KT, or "a long time ago, in another time and place..." MB,
when you were able to give advice (god those where the times ;-) you gave your advice: <<Selling short is a dumb game. Buying puts is the way you do it. You never bet a lot to gain a little. You bet a little to gain a lot.>>
not only betting a little, but the bigger % gain on only a few way OTM puts that make it instead of trying to hit near term ITM or almost ITM puts.
that strategy was and is absolutely brilliant and has payed handsomely.
Thanks again for the education,
Bill/WA