John,
a strange strategy, eh? my wife would say it was another hare-brained idea. lol, she'd be right.
my assumptions are that yhoo, dclk, or any of the other true 'blue-chip' inuts are here to stay. sure, we'll see a correction, but they are not going to the single digits. how low can they go? i don't know, but i don't think they're without support. the big boys (funds) have to own these.
my upside is limited, but i'm ok with 22% for 4 months anytime.
the only risk is missing the huge run up, which is ok with me. i don't see these guys doubling or tripling anytime soon.
the biggest risk is a market melt-down, and we know that BK is BS.
btw--figured out with norumbega is yet?
-g-
mike
EDIT
I just looked at NEM, I can get about 3.5 for dec 17.5 calls. That's about 20% over 6 months. Much less risk and a whole lot more feel good to it from a cerebral perspective. LOL. Will look at others to compare nets vs. mundane sh!t to see if the nets really do give one that much more bang for the buck or as a swedish friend used to say,
"wat is dis bank for da buck?"
-g- |
