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


To: Chuzzlewit who wrote (51441)3/11/1999 2:25:00 PM
From: Knighty Tin  Respond to of 132070
 
Chuzz, Why didn't you tell them to give up shorting and buy puts and make the big money? MB



To: Chuzzlewit who wrote (51441)3/11/1999 2:26:00 PM
From: Ilaine  Respond to of 132070
 
I guess it makes you feel better to think of the bears as being destitute, but sorry, you'll simply have to be content with counting your own gains, and laughing at us for missing out, for the moment. I, personally, am sitting on a nice pile of cash. It's not benefitting from the present boom, but I don't worry about the coming bust, either.



To: Chuzzlewit who wrote (51441)3/11/1999 3:33:00 PM
From: Skeeter Bug  Respond to of 132070
 
did those same folks buy puts on cdwc and watch it fall from $120 to $65 like a rock? oh and cmb - $75 - $40? maybe they did rather well, if so...



To: Chuzzlewit who wrote (51441)3/11/1999 4:15:00 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Chuz, this magic tonic called liquidity simply results in greater leverage. The bigger the boom the bigger the bust. Mike