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

To: gbh who wrote (46425)2/10/1999 11:13:00 AM
From: Defrocked  Respond to of 132070
 
Occasionally I buy calls but am predisposed to
puts at these heights. Market is in a "tender"
area IMHO. Bonds are negatively feeding off
equities and several institutions/hedge funds appeared to
have sold SPoos in yesterday's decline. It remains
to be seen if the pit/market will test their
resolve and push higher or confirm their sales
with a further decline. Also too many bulls "expect"
a Clinton relief rally so probably won't happen.
If so, I'll be happy to reestablish puts at the
higher level. FWIW.


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