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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (61927)4/15/2005 2:55:49 AM
From: energyplay  Read Replies (3) of 74559
 
T.Jack - How's the fun world of homebuilder shorts ?

I have puts on EBAY, DELL, QCOM, KMX (Carmax), AMZN , and MSFT.

Sold my IBM puts 2 days ago...darn !

Think I may add puts on home builders at some point - maybe after a snap back rally.

Jim Cramer says the FED might back down on raising rates as soon as they relize how bad they have hit the economy - like GM,Ford, IBM, etc.

By the way, congratulations on getting out of the royalty trusts and a bunch of other stuff early.

******************

Tobago Jack sounds like someone who should be sporting dreadlocks, a white linen suit, sunglasses, and drinking Red Stripe while putting together some complicated deal which is perfectly legal ...in Barbados and the Caymans.
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