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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (22291)2/22/2005 12:50:57 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 60901
 
Yeah I have the twofold problem..
1) I want to get me some oil sands and Coal Bed Methane...
2) I want to preserve profits...

Mr. Pembleton agrees with you.. A strong pullback I think he figures but it doesn't appear to have been too easy a decision for him either... when common sense fails... is it a mania ?



To: nspolar who wrote (22291)2/22/2005 1:15:35 AM
From: JIMAKANCHORAGE  Respond to of 60901
 
<< am prepared to dump my COP poots tomorrow>>
Perhaps, set up a straddle... if you have time on the puts go long a call at the same strike and month. Same as selling a put and you get to play it both ways.