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

To: geewiz who wrote (31660)	8/27/1998 12:26:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Art, It is a good time to take short term profits in puts, but don't be without at least a third in place. Everyone is so convinced that the bulls can take it up again that the most likely move is another drop, IMHO. A third can do wonders if this thing continues to get murderated and it doesn't hurt much if the rally happens. BTW, this seems like the most difficult time the bulls have had with spreading lies and whipping the herd into a frenzy. Everytime they spread the manure, something fundamental takes place that makes them ineffective. MB