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

To: Skeeter Bug who wrote (55224)4/8/1999 2:17:00 PM
From: Freedom Fighter  Read Replies (1) | Respond to of 132070
 
Mike,

I was just at a local Schwab office. There were lines of people making deposits going out the door. It's simply unbelievable.

When this thing finally blows up (assuming I haven't died of old age)
do you have any suggestions on which country I should move to?

My requirements are as follows:

1. Decent horse racing
2. A seedy pool room or two
3. Alan Greenspan doesn't live there
4. The printing press has been banned
5. You have to pass a sanity test before opening an investment account
6. An entire generation has NOT been devastated
7. 7 of 9 on "Voyager" thinks I'm cute

Wayne



To: Skeeter Bug who wrote (55224)4/8/1999 5:56:00 PM
From: Knighty Tin  Respond to of 132070
 
Skeets, It is volatility. The call volatility goes up, which takes the price up. Since you can create a call synthetically by buying stock and buying puts, the puts have to go up by a ratio to the call prices. The positive side, if there is a positive side, is that I am killed in my SCH puts, but they are still worth something. <g>


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