Chris, I find little cheap in this mania. I like some energy stocks, some base metal stocks, especially titanium, many closed end country funds, some closed end income funds, a very few bios and medical stocks, (DRMD, VASO, GZTR, lgnd), a few beaten down techs like GEMS and that's about it. I even sold my Sangstat today, and I have been in and out of it about 20 times in the past 5 years.
I think the Dow puts are the safest, but they are not the sexiest. For example, I made as much on the Dell move earlier today than I have made on The Dow on any move it has made since I've been playing them. And the Dell move was fairly minor for a trading sardine. So, you do have to weigh safety vs. homerun potential. |
