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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: crustyoldprospector who wrote (17249)8/19/2003 9:50:17 PM
From: tyc:>  Respond to of 39344
 
If puts are cheap the calls must be too. Actually a put is just the same as short-the-stock long-the-call. To be short the stock and long TWO calls might give profit potential both up and down, providing the market moves a fair distance one way or the other.. In other words, perhaps add a cheap call to your put positions.

signed : Bull



To: crustyoldprospector who wrote (17249)8/19/2003 9:59:51 PM
From: gold$10k  Read Replies (1) | Respond to of 39344
 
Hi Crusty,

<<Wish I wasn't so cheap on buying CDE a month ago ... VT told me I was aiming too low>>

But I sold way too early (as usual <g>), but no complaints on my part.

This should be fun. I'm happy with my current metals positions, but I'll continue to look for niche incremental buying ops. Somehow I just can't let myself buy with abandon. <g>

Regards,

vt



To: crustyoldprospector who wrote (17249)8/20/2003 9:11:06 AM
From: austrieconomist  Read Replies (3) | Respond to of 39344
 
"I've loaded the boat with USPIX (Nasdaq bear fund) in my IRA waiting for the "inevitable"".

As Keynes said, "the market can remain irrational longer than you can stay solvent". Lots of non-cheerleader analyst commentary indicating the market does not now want to go down, ie,. Russell, Hussman, Stack, Ned Davis and Lowry's. I would be more comfortable in betting the house on a down market only when these guys give the signal. Hussman is free and there is a lot of posting on the position of Russell and Lowry's that is almost as timely as the original sources.