Ask him if he ever heard of LTCM. Might want to show him a chart of
anything last August/October. Then show him what happens to his puts...
--
Steven W. Poser, President
Poser Global Market Strategies Inc.
http://www.poserglobal.com
Tel: 201-995-0845
Fax: 201-995-0846
Email: swp@xxxxxxxxxxxxxxx
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