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Puts, why buy puts ????? This market will continue to roll right past DOW 10K, 12K, 14K, etc.....I've been buying puts when the market was overvalued at 4K, 5K, 6K, and now 7K. What a fool I've been. The government numbers are rigged, the improved productivity caused by the advanced technology is keeping wage inflation down and will continue to do so, The MASSIVE inflow of cash from foreign markets and our own 401K's, the expanding demand for goods and services throughout the world will only continue to fuel this market to DOW 20K within the next 5 years. Don't be foolish.....Don't buy puts on anything....Follow my lead.....mortgage your home, pick up empty pop cans, raise cash anyway you can and BUY, BUY, BUY INDEX FUNDS. We will all be rich in the new millinium, for this my fellow investors is a different investing climate....It really is different this time. |
