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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (37888)	9/5/2003 8:57:01 PM
From: gumnam	Respond to of 74559

That one was sheer genius- (The TLT Puts) both the idea and the execution timing. I too jumped in but I went with the IEF ( the 7-10 year bonds ishares) puts. and shorted them the day after you did. I was surprised by one thing - we have not heard much about the latest scandal uncovered by Mr Spitzer. I think this one could have huge impact on the markets once the knowledge of the wrongdoings gets known to people. It is being downplayed the way the first one was. But I was dissapointed that this Canary fund even with the advantage of "hindsight" trading could produce only 15-25% returns. I think that the manager of the fund should be arrested just for that. Have a nice weekend.....