SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Roger's 1998 Short Picks
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ploni who wrote (6072)4/3/1998 11:43:00 AM
From: Joey Two-Cents  Read Replies (1) of 18691
 
I've never bought currency futures but if you want to play a particular market and want a guarantee on principal take a look into Merrill Lynch MITTS they are issued at $ 10 and track a certain index.
Example symbol JEM tracks the Nikkei and is $ 10 x (Nikkei/21,000) x 110% trades at 8 11/16 matures in 2003 I think. Even if the Nikkei goes to 0 you get $ 10 back. Theres one that track S&P 500 etc. ML is able to do this because the buy STRIPS for pricncipal payment and index futures with the difference to get to $ 10.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News