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Strategies & Market Trends : Strictly: Drilling II
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To: nspolar who wrote (25279)1/10/2003 12:47:15 PM
From: nspolar   of 36161
 
Art, I might add that my analysis indicates that it will be a LONG frigging time before the DOW and SPX are back to these levels. You might pay a little premium by going out in time, in most cases, but it should still be money in the bank (i.e. safe). So the premium does not bother me, I want some leverage and I want some sure profits.

Of the big banks a lot of folks point the finger at JPM, as falling. I'm not so sure that C is a better bet to tumble here, in particular if S America collapses. Thus going out in time in C seems to make even more sense.
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