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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (84390)10/22/2000 12:14:16 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
ild, My view of the best capital preservation move is cash plus a few low risk option plays, ala 90/10. High quality money markets can sometimes lose via inflation, but, in general, the interest rate rises to make up the increase and you pretty much run in place. I would then buy some puts on brokers and banks, both of which are fairly pricey and I suspect will get more pricey. And I'd buy calls on some currencies. Admittedly, I did a lot better with my yen plays than with the Euro or the Swissie, but I still have confidence in them. Platinum and diamond stocks are also great plays if they get a bit lower.