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Strategies & Market Trends : Waiting for the big Kahuna
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To: Real Man who wrote (68649)2/12/2004 11:29:23 PM
From: Dr. Voodoo  Read Replies (1) of 94695
 
Obviously this falls under the category of speculative. Right now I'm going to play deep ITM's and ATM's Jan 2006. This run would have to double it's current legs IMO before I'll lose money on this trade and I just don't see it happening at this point without a major correction. In the last 25 years we haven't seen a run like this without a major correction of at least 10%. It will happen, I just hope the Dow doesn't go to 14000 before it does.
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