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Gold/Mining/Energy : Day trading in Canada

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To: JAS who wrote (625)10/1/1998 5:13:00 PM
From: keith massey  Read Replies (1) of 4467
 
LOL

JAS - your PUT options may be worth something Oct 15 but I doubt mine will be worth anything.

In this market buying a PUT/CALL is probably one of the safest moves anyone can make. Although you may not know which direction a stock is heading you can be sure that it is going to head in that direction quickly. I keep playing this game on paper and have made a killing in the past two month. However I bet you dollars for donuts that the second I try it out for real the stock will flatline for 6 months and kill both positions.

I can smell a 700-1000 point drop coming in the DOW soon. Just look at the 10 year chart. Question is - other than shorting and PUTS how do we make money out of it???

Best Regards
KEITH
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