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

To: yard_man who wrote (35663)	11/9/1998 6:40:00 PM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

Tip, I did great with the IIX puts straight, while the paired trade sucked wind, but the premiums have really gotten enormous. I think I will go after individual names this time. If the airlines go up, I will use the index again. I usually buy the sector index when I don't have anything to bring to the party. For example, I rarely use the Sox because I think MU is a much worse stock than ADI and I can bring that reasoning to individual issues. But all the airlines look alike to me. In general, I much prefer individual issues because I always have the option to put or call if I get in the mood, or to wait for stock or a short. Plus, I think individual issues give you more bang for the buck. MB