Re: flopping the nuts and folding??
As a general rule its bad advice. There are certain situations you can construct where a fold would be correct –specifically, where good tight players bets with middle set, another player raises hard with a monster wrap. Then the monster wrap can be a big favorite to you since some of your outs are gone and the pot/implied odds are bad enough for you.
But in general your opponents range of hands will be wide enough and the pot/implied odds good enough that it will make sense to at least call and hope for a blank turn, when you will be a favorite over the wrap.
--Greg
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