Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Judy who wrote (31155)	8/14/1998 8:31:00 PM
From: Knighty Tin	Read Replies (2) \| Respond to of 132070

Judy, I have actually had puts on CCI for the last 40 some odd points on the downside. Actually, I had a lot before the high. -g- But right now, I am down to a 1/3 position. I've made a lot of money on the total position, but this third is still under water. The exposure to derivatives, the intl. problems, the dependence upon a Fed that creates credit like a drunken sailor and the silly valuation were the reasons I bought the puts. I don't know what an EMA is. Sounds like a technical analysis term, which means it's nothing that interests a real investor. And it sounds like an enema, too, which means it is certainly nothing that interests this real investor. -g- Sorry about the roughing up of TA, but I just hate that voodoo crap. But I love technicians and try to show them the error of their ways. Good luck, MB