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Technology Stocks : Semi Equipment Analysis
SOXX 309.36+2.2%Dec 3 4:00 PM EST

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To: Jacob Snyder who wrote (42401)12/31/2008 12:57:43 PM
From: Woody_Nickels  Read Replies (2) of 95520
 
Just a note on my current strategy.
I went to cash in early 2007 and re-entered
this past fall, with maybe 75% of my funds.

Since interest rates are so low on the cash,
I've been selling far out of the money puts on
stocks I'd like to own, generating 3%-6% interest
over short-term periods of 30-60 days.

If the market continues to tank, I'll pick up
shares much lower from the puts, and if the
market rises, I still have some income, AND my
existing positions should prosper.

What's not to like?

Woody
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