Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (44117)	12/31/2003 11:58:08 AM
From: TobagoJack	of 74559

Hello Pezz, New Year Report – Housing Front: I purchased a dollop of 2006 January LEAP Puts on each of the following beasts that gives me a view to the death dance of a full tranche of each of the underlying shares: Fannie Mae finance.yahoo.com FNM 2006 Jan Put 75 @ 9.30/shr Toll Brothers finance.yahoo.com TOL 2006 Jan Put 35 @ 5.80/shr KB Home finance.yahoo.com KBH 2006 Jan Put 70 @ 11.00/shr Pulte Homes finance.yahoo.com PHM 2006 Jan Put 90 @ 14.20/shr My plan in March/April 2004 calls for buying some puts on finance.yahoo.com , finance.yahoo.com and finance.yahoo.com Now I can sleep better, until 2006 :0) Happy New Year! Chugs, Jay

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