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

To: Tommaso who wrote (43844)	1/18/1999 5:24:00 PM
From: Knighty Tin	Respond to of 132070

T, I am more encouraged by the idea that options are a zero sum game and for every person who loses money, there is one or more folks who make that money. All have clearing brokers, so somebody is making a profit and those somebodies will keep the sucker afloat until I get my cash. Along with margin requirements, mark to market, etc. and a decent disaster insurance fund, including SIPC. These are securities insured by the govt. However, I know how slow they can go and I am not certain that they could engineer a bailout before expiration day. MB