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Strategies & Market Trends : CFZ E-Wiggle Workspace -- Ignore unavailable to you. Want to Upgrade?


To: hawkeyefan who wrote (6531)5/11/2008 7:53:02 PM
From: skinowski  Read Replies (1) | Respond to of 41480
 
You may be right about DUG - I am long some myself - but generally it is important not to forget that shorting new all time highs is seldom a good idea. Somehow, because of premium collected for DUG puts, my overall position was still in the black as of Friday close, but this can change very fast. Shorting a strong bull market can be profitable, but those tend to be nerve wrecking trades.