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


To: Skeeter Bug who wrote (97046)7/26/2002 1:33:12 PM
From: BGR  Respond to of 132070
 
SB,

The facts in my case includes my put purchase as insurance, which allowed me to retain my S&P500 gains at their peak level. I was not so fortunate with QQQ puts, hence my overall loss from the peak of my portfolio. Now, both you and Simba either overlook this fact, or claim that I am lying, or claim that buying puts as insurance is a super-duper speculative act which invalidates my whole strategy. This leads me to believe that while you guys perhaps do not hate my guts (or perhaps you do :-)), you are not quite unbiased either. In particular, I do not think that you are looking for good ideas; you just want a pat in the back.

OK, you have one; your market timing in biotech makes you a demigod in my eyes. Go in peace, brother. :-)

-BGR.