Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: ild who wrote (3524)	9/4/2003 5:29:44 PM
From: yard_man	of 4909

Date: Thu Sep 04 2003 15:17 trotsky (well...) ID#377387: Copyright © 2002 trotsky/Kitco Inc. All rights reserved picked up some cheap index puts just in case....today's rush into equity calls may be signaling an ST reversal and volatility premiums sure are non-existent on index puts right now. this puts me in a 'market neutral' position...whichever way it goes now, i'm likely to quickly take the short or the long leg off the table, hopefully at a slight profit. still smarting from underestimating the market's strength previously as it were...i'm one of those 'smart guys' that got run over a bit. luckily the gold stocks have come through so nicely...

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