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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (76792)9/7/2007 2:51:03 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
When it does not work (less than 1% of the time), you find
yourself short a bunch of puts naked in a crash. So..
it wipes you out like LTCM. Eventually all such income
seeker funds have the same destiny, but they have been
the best performers, up 30-50% each year in recent years. -g-