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Re: Elmer Phud post# 1587

Thursday, 10/10/2002 4:36:54 PM

Thursday, October 10, 2002 4:36:54 PM

Post# of 152242
I don't know either. When you get a once in a generation bear market, it's probably not a good idea to get too cute with predictions.

But I think that your short puts are a good idea, as long as you are not betting the farm, and have plenty of cash to cover. I stopped selling covered calls too early in the bear.

SMH is also optionable, and is an interesting alternative to the QQQ's.

John

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