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


To: Knighty Tin who wrote (45496)2/2/1999 11:49:00 PM
From: yard_man  Read Replies (1) | Respond to of 132070
 
Did you just make the one purchase of April 75s?

Seems early to roll, even with the quadruple. Just touched 75 today
got to be more downside soon -- why not save on the additional premie.

BWDIK and kick me.



To: Knighty Tin who wrote (45496)2/3/1999 9:17:00 AM
From: valueminded  Read Replies (3) | Respond to of 132070
 
Mike:

1.I thought when you had first bought the CDWC, they were april 70's purchased at around 2-3. Since the bid is 5 how do you get a quadruple unless you averaged down from your first purchase of them.

2. Ref money expansion. Mike, unless I am wrong (which is quite possible) wouldnt you expect that this would end in an inflationary cycle. If money grows by 15% annually and inflation + GDP growth is approx 7%, what happens to the other 8% . . . either it shows up later in terms of inflation or it has to be destroyed somehow. Yes/No ? thanks

3 Ref - the fed model for stocks. Is this for real ? Only 17% overvalued according to them. Seems like it leaves a lot of stuff out. Like risk <g>