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Strategies & Market Trends : Charts & Scans

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To: Jeff Jordan who wrote (4860)8/23/2007 7:42:46 AM
From: robert b furman  Read Replies (1) of 5125
 
HI jeff,

All that fear - so many puts have been sold.

All over subprime which has been the disaster du jour for at least 3 options expirations.

Looks like the September pay day will be the biggest yet.

And then what - heck we're out of mid cycle transition and you know what - the economy is so good - we'll be looking at increasing rates - unless you have a house you paid too much for - then you'd better pay it down instead of use it as an ATM.

Your house should be paid off always - IMO

There should be a really nice bounce/breakthrough to ride here.d

Bob
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