Touchless said:flashplayer said:Touchless said:flashplayer said:Heineken-Ashi said:Brian Earl Spilner said:
Retail buyers:
I'm preparing multiple put plays and they are helping juice the returns and lower entry cost. Love it.
You already in them or just planning?
Are you interested in entering some yourself?
Not quite yet but I didn't know if Heine meant he was already building positions or just strategerizing about building some. Which is why I asked for clarification. That's all.
I am content to stand pat into early December before I have conviction in much of anything one way or another. Just about every chart I was tracking looks like a mess right now and not much discernible pattern on where things may be headed. Panic selling may creep in but we could just as easily rocket past 7000 on the S&P.
Got it. Just caught me off guard that you'd be interested in buying puts. You know, since all the cool guys are 100% cash now and markets only go up.
Ha, I can take the criticism. But as I said, I am not interested at the moment because I don't see anything yet that leads me to believe we are heading one way vs the other. I have the nerve to ride out dips and enough in cash / bonds to take advantage of equities if they ever reach "on sale" prices, which we are still probably a ways from if the market is at the start of a bear cycle.
