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To: Lizarde
the weird call options on SPY?

Can you elaborate?

6 posted on 09/01/2007 7:58:22 AM PDT by TigerLikesRooster (kim jong-il, chia head, ppogri, In Grim Reaper we trust)
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To: TigerLikesRooster

You also must qualify to even buy a hedge fund. They usually require 200k plus and a personal net worth over 2M.
So they may be dumb investors, but they must also be rich and able to afford the loss.
I personally think that they could do just as well with some high risk investments, but we live in a free market society. We should continue to let rich people make dumb investments. It sure makes a lot of little people richer and some hedge fund managers rich managing these accounts.


8 posted on 09/01/2007 8:06:23 AM PDT by Oldexpat
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To: TigerLikesRooster

FYI..I went to all cash by the close of Friday’s upswing.
Let’s see what happens next.


9 posted on 09/01/2007 8:08:04 AM PDT by Oldexpat
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