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To: Earlie who wrote (32121)10/29/2000 4:14:23 PM
From: Archie Meeties  Read Replies (2) | Respond to of 436258
 
'tis the reason I prefer shorts in stodgier areas like retailing (KSS, WMT) and puts in places like the SOX. Of course, a short and hold approach to co's that are dying (AMZN comes to mind) should also be part of a well balanced portfolio.



To: Earlie who wrote (32121)10/29/2000 9:32:49 PM
From: tom rusnak  Read Replies (1) | Respond to of 436258
 
There is much to be said for puts.

And how many times have we seen the big drop happen the month after ours expire?

That's why I tend to the LEAPS. I've got Amazon Jan 2002 and even some Jan 2003.

Best to you as always,

tom


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