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

To: Knighty Tin who wrote (50053)	3/5/1999 11:47:00 PM
From: CYC	Read Replies (1) \| Respond to of 132070

MB: A question on your put strategies. I noticed that you have bought quite a few April puts, 2-3 strike prices out of the money, in the last two days. It seems that May or June will be safer because they give you more time. Did you decide to buy April's because further-out were too expensive? Or, are you expecting that the big collapse is coming soon to a theater near you? -g- Let's say next week the maniac market runs up initially then pulls back later. Do you take a quick 50% or double off the table, or do you let it run? I know your general guidelines, which change frequently -g-, are to make bets that will give you quadruples. So, your answer to my last question will be a "No," I take it? TIA! CYC