Gersh RE:" Mr. Dobalina, Mr. Bob Dobalina "
MSQVP - MSFT Oct 80 PUTs ?
Forget the CBOE - I'll sell them to you for 1/2 (^_^)
What makes you think Ms.Softie will go down -20% in 30 days, Gersh ?
hmmmm... take a look at some of the UTY.X - utilities, dude.
PEG - Public Service Enterprises Group, 6.17 % yield; 12.64 P/E; hammer yesterday.
AEP - 5.41% yield, 14.13 P/E HOU - 5.33% yield, 29.92 P/E TXU - 5.26% yield, 17.14 P/E SO - 5.06% yield, 16.99 P/E ED - 4.60% yield, 15.02 P/E EIX - 3.92% yield, 14.20 P/E PCG - 3.85% yield, 18.79 P/E DUK - 3.65% yield, 21.01 P/E - bellwether
Utilities did well after the last (OCT) crash - they didn't diddle around for three months - they made new highs 'till Christmas. FWIW, the UTY.X and UTIL index stochastics are saying, "buy", as are most of the above components' daily charts. PEG looks ripe.
With any luck, I'll get a downdraft tomorrow ;-)
WTH, gotta put the cash somewheres, man.
-Steve |