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.
Non-Tech : Invest / LTD

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dennis J. who wrote (4910)11/1/1998 10:26:00 AM
From: ron peterson  Read Replies (1) of 14427
 
Dennis,

In my opinion you probably couldn't go wrong with doing both the puts not on gold and the calls on gold.

With the present market conditions I believe that it is a time to be extremely cautious. About presidental cycles, when in history have we had such a huge run up, the conditions to support such a run up are not present any longer, and the psych. of the people is "I better get my money in the market before the market goes up to 10,000." These are the people that didn't get in earlier in the bull move. These are the people that were to scared to get in then. Now they don't want to miss out. What do you think they'll do when they start losing their money? Bye-bye there won't be enough exits. Then your cycles have been broken and we chalk this up next to the great depression. At least this is what the market is saying right now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext