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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (27690)1/23/2003 7:02:17 PM
From: TobagoJack  Read Replies (1) of 74559
 
Hello Pezz, Last Night’s Report:
In an instant of muddle-headedness, I purchased a bouquet of the following Leap Puts, placing in a initial wager that the central Economy will go kaboom in smoke and fire by January 2005, triggered by the triple-redundant and lit fuses:

(a) Debt-ly Housing,
(b) Interest rate-enhancing Twin Deficits, and
(c) Appetite-reducing Unemployment.

My initial long wagers (ready to triple position when deemed wiser):

(a) Lennar Corporation (LEN) January 2005 Put Strike 30 @ USD 3.20 pcquote.com

(b) Countrywide Financial (CFC) January 2005 Put Strike 40 @ USD 5.00 pcquote.com

(c) Pulte Homes (PHM) January 2005 Put Strike 25 @ 2.45 pcquote.com

<<... second largest ... reserves ... stop ... despots ...
rid of a monster ... people gain freedom und prosper ... all live happily ever after ...>>

In the mean nasty time, my bet ( uk.finance.yahoo.com ) on removal of monster and securing of resources is going well ...

Message 18483317

Chugs, Jay
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