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To: Shack who wrote (122374)7/27/2005 3:39:19 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
These days you put up lots of preconditions before you talk to me... VIX must be 8, JNPR 35... -G.

But seriously, I certainly do pay attention to your arguments. SPX indeed may be minutes away from closing at a new multi-year high - this is something which must be given respect. I think that selected short entries are OK - for as long as one is sane when it comes to money management. I also think that nibbling on some leap puts may have a decent risk - reward ratio.