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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: pezz who wrote (61094)3/17/2005 11:56:39 AM
From: TobagoJack  Read Replies (4) of 74559
 
Hello Pezz, Tonight's Looting: Everything seems to be going as they ought to, energy up, housing down.

I purchased more Puts on housing, not as insurance, but as a speculation, because I think I see the white of their eyes, bloodshot, insane like, asking to be mowed down with a storm of machined bullets:

BZH finance.yahoo.com 2007 Jan Puts strike 115 @ 10.70/shr

HOV finance.yahoo.com 2007 Jan Puts strike 45 @ 7.40/shr

RYL finance.yahoo.com 2007 Jan Puts strike 55 @ 6.90/shr

... and no, I am not concerned that they may rise, because should they do so, I will do direct short. They are mine.

Chugs, Jay
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