Zeev's Ideas

[Koikaze]

ZEEV, MARKET/ECONOMY - up to ZEEV:330397, 12/05/04

12/04: (330344) (*COMMENT*)
Zeev, indeed not much at all seems cheap these days, and even the ones I've found have some blemishes.

I am preparing to buy some long-term index puts in the next couple months for either Jan 2006 or Jan 2007; which index would you expect to be the best bet to go down?
(*END*)

I think the QQQQ could drop from around $45 to just around $32 in the first leg down, if you are looking to early 2006, you might even see $28, the NDX as an index would seem more "fruitful". I would wait till that top is in, and we could have a double top if employment figures get a second wind early next year.