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

To: Wyätt Gwyön who wrote (24780)	1/16/2005 6:32:35 PM
From: gregor_us	Read Replies (1) \| Respond to of 110194

No I Agree With That and the Discussion With My Friend actually included the dangers of shorting all high-flying garbage, in addition to GOOG. He/They are instead selling lots of naked calls on stodgier stuff--by comparison. Stuff which has had better underpinnings over the last year, but has run too far. BTW, Darffot, I think many of the stocks which make up the XOI and the OIH are a decent trade right here (3-6 weeks) going into earnings, and, after fairly skeptical sentiment (though volatile) about crude. I assume you are constantly musing over such things anyway. LP