cash - You are right... you didnt say that. However, I can assure you that I am not a perma-bull by any stretch of the imagination (unless we happen to be in a bull market). In fact, I won a brand new Lexus in an online trading contest at ETrade by pyramiding puts. I didnt buy a single call in the entire month, and yet I managed to run $100,000 up to 2.2 million in 30 days flat! Needless to say, we were in a bear market at the time.
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