To All, I think we have now seen the peak in the Xmas lies. The sleazier cos. were all out touting last week, in conjunction with the Credit Suisse on Rye-First Beantown Tech Stock Conference in Arizona. More lies and exaggerations will certainly follow, but as we approach Xmas, they get fewer in number and tend to be more toned down. Also, it is nearly impossible to get a flock of portfolio managers all in one place between now and the first of the year, so these lies have to stick like velcro for awhile. Vacations, parties, tax planning, bonus brown-nosing, etc. call many away from their posts of duty.
Which means, starting next week, on up days, should be a great time to start adding puts.
I will post which ones I buy as I fill out my first third and move into my second third. And, yes, Tip, I will post symbols this time, though I like to make my advice a bit more variable than that. After all, I may be debating which strike or date to buy and a blip in the market makes the decision for me. The blip may go the other way by the time you look.
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