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Re: joenatural post# 2009

Friday, 12/05/2008 10:18:37 AM

Friday, December 05, 2008 10:18:37 AM

Post# of 7091
Agreed. I was checking out your TZA and TNA and noticed that they are even tradable as options.

They carry a pretty huge premium either direction....but basically make a leveraged position even more leveragable with puts or calls.

My biggest hesitation with this stock and option play is that it's basically a coin flip. Sometimes the market does what you expect and sometimes it doesn't. I don't know what to think about the reports questioning Obama's citizenship, but if it would be heard I expect the markets will react strongly (downward) to any decision to hear the case. We shall see.

Either way, as I'm on the sidelines, it's pretty fun to watch this play and see what could have been. :)

Randy

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