Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Kerry Phineas who wrote (112967)	4/21/2008 5:16:03 AM
From: Knighty Tin	Read Replies (1) \| Respond to of 132070

You can always buy bullish with call options while keeping the majority of your assets in money funds. Since the craziness tends to be unlimited on the upside, the options will do well until the crash. And, after that, you will still have most of your money to buy cheap.

To: Kerry Phineas who wrote (112967)	4/26/2008 9:50:06 PM
From: Kerry Phineas	Respond to of 132070

I'm not doing calls. I'm doing cash and a mix of bond positions for now, gradually put some money into stocks with weakness. I see the risk with bonds, but I honestly don't know if inflation is going to continue to pick up. If I keep trading the downside I will eventually get crushed. I am smart and I am very good at trading and picking, but I am FAR too brave and too much of a gambler and being smart only means so much if you play the downside. I need some sort of buffer. I'm down a relatively small bit right now after being up huge, but I'm not chasing the loss. I keep forgetting how much I hate playing this game. BTW, valuations of stocks really aren't that bad. The rub is that we likely have significant problems coming up that will hurt earnings, likely upcoming regional bank failures, etc. What a sham it all is.