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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Ramsey Su who wrote (27016)	12/8/1998 7:53:00 AM
From: Skeeter Bug	Read Replies (1) \| Respond to of 70976

ramsey, puts on the sox would be a play too. i tend to go with individual names as i like to be a stock picker. i also understand that premies for avgs can be kind of expensive relative to the volatility. i got cutoff in my previous post. i was going to say to put cmb and citibank on the radar screen. last time i bought puts in the high $60s i had a 1000%+ return and very fond memories ;-) the banks still have some problems that they need to deal with and 2 rate cuts didn't make them magically go away. this market looks awful toppy to me right now. i'm itching to add puts and cdwc appears to be my next candidate.