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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (19215)9/30/2004 12:38:10 PM
From: russwinter  Read Replies (2) | Respond to of 110194
 
Shorting individual stocks is a rough way to go, too open ended, they can run and run. I got killed shorting stocks like CFC too early for example. So I've shifted gears to put buying. Now I know I've posted that I'm a naked option writer, but right now there are very scant premiums in options, especially index options. Apparently nobody expects volatility. So I've covered my shorts to eliminate that open end exposure, and to take some tax losses to apply to big gains elsewhere (energy and lately metals). I've bought puts in the IWN (Russell 2000), XLF (that's the financial), QQQ (tech), and RTH (a retailer ETF), and OEX (S&P 100). Open to suggestions on others?



To: Claude Cormier who wrote (19215)9/30/2004 3:26:30 PM
From: silvertoad  Read Replies (1) | Respond to of 110194
 
there are always the bear funds of rydex and profunds, for example:

rycwx (twice inverse of dow)
ryvnx (twice inverse nas100)
rytpx (twice inverse sp500)

these above are "no-fee" at tdwaterhouse and probably other brokers as well.

these companies also have unleveraged bear funds on the major averages.

-jb