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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?


To: Yamakita who wrote (2330)9/3/1998 8:39:00 PM
From: Allan F  Read Replies (2) | Respond to of 4634
 
I too am playing banks long term. I just bought the 2001 leaps for Chase, which have been irrationally (imgdo) slashed. At some point the gloom scenarios will lift, and the banks will fly again.

Ummm... wouldn't buying puts mean you expect the stock to go DOWN.

Allan