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Subject:  Re: LT investors, think before you short Date:  3/17/2001  1:44 AM
Author:  XXLTINVESTOR Number:  7742 of 44633

thank you ed mulroy

I agree. Buying puts respects capital if wrong. But now, with put premiums @ four times credit card interest, it's tough.

Actually, I've never bought puts. Written covered calls if the thought is choppy, but not if the thought is bear (a few points of protection vs tons of points lost in a bear is probably the reason)
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