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To: stan_hughes who wrote (338840)7/23/2007 8:30:07 AM
From: Real Man  Respond to of 436258
 
I bet they don't really know what they are doing, but the pros
certainly do. Got to have high liquidity and the improved
random walk program to hedge effectively. I can almost bet
those bozos don't know what delta hedging is. But sure one can
play along until these puts get exercised after someone
yells "fire" and you become a bagholder, all of a sudden. -g-