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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (22098)	12/23/1998 3:22:00 PM
From: IQBAL LATIF	Read Replies (3) \| Respond to of 50167

Helen-- One small note cash is far more riskier and you have much less room if you are wrong on the trade- you are stopped out and you cannot afford to have three or four losing trades, in my case you just buy one put and it will cost you 2500$ if you get it at 10$, it gives your portfolio a limited protection until 15th Jan but in times of excessive moves or explosive moves super bhumbos one needs to depend on little cautious trading and this instrument offers one if you have long and now like to take advantage of a pull back.. It is not easy money but money well earned if you are right, explosive moves are difficult to forecast as you still see a lot of money out to follow net stocks this euphoria will only end when money ends and their is no dearth of money sometime extraordinary euphoric moves can astound you but you got to get out of the way and just if you are uncomfortable buy at what you consider explosive heights but explosive now can be 1350 SPH by Jan or 10000 on DOW, you want to be a part of the move and still be protected this offers you good possiblities. Here you may go wrong and still see your levels as you have maturity until Jan 15th for 10$ - it is good coverage and you are covered for 250,000 $ exposure at very high level- if market keeps going higher your stocks will pay for this insurance but if it goes down and you are able to see 2020 again- on composite you may have some god profit to play with..