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


To: Knighty Tin who wrote (57141)4/23/1999 12:36:00 PM
From: accountclosed  Read Replies (2) | Respond to of 132070
 
Betty Crocker Cookbooks...he is referring to "cooking the books"



To: Knighty Tin who wrote (57141)4/23/1999 12:49:00 PM
From: BSGrinder  Read Replies (1) | Respond to of 132070
 
Michael,
Surely you jest! Betty Crocker sounds like a great name for a book-cooking award. Light dawns on Marblehead!

On the topic of put strikes and expirations, in a couple of months you should be able to look back and see whether playing the short expirations was what hurt your batting percentage in puts. When I first read your 90/10 strategy, you talked about 1 or 2 strikes out of the money and 3-6 months forward. During this cycle, though, you have been buying heavily short term, often 2 -6 weeks. Why the change to a shorter time horizon?
Thanks,
/Kit



To: Knighty Tin who wrote (57141)4/23/1999 1:50:00 PM
From: Freedom Fighter  Read Replies (2) | Respond to of 132070
 
Mike,

I share the view that IBM is overpriced. In combination with its two day parabolic, this is the type of situation that I was talking about yesterday as a possible spot play for put buying. One more big day up and I may start a very small real time experiment. (I need some action pre Derby <g>)

WC