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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Joey Two-Cents who wrote (13496)9/8/1998 2:17:00 AM
From: space cadet  Read Replies (2) of 18691
 
Joey, that was a truly great call on buying puts on the bank stocks near their heights. One of the best calls of the last several months I believe. Unfortunately I didn't act and now they have fallen alot. I probably would take a sizable amount of profit in them right now if I were you. Also, I was wondering if you like some gold or silver company as a proxy for the price of gold, and would recommend buying leaps on that company. Given that I missed the easy money you made when CCI etc were absurdly high do you see any good investments now, or is it too late for puts for a while till the next height?
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