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Re: bobs10 post# 70387

Monday, 01/30/2006 4:31:04 PM

Monday, January 30, 2006 4:31:04 PM

Post# of 97546
bobs, mmoy, buggi re: puts and opportunity cost:

bobs10:
So what's you game plan besides just selling? What are you going to buy that's better and why?

me:
well, after a run up like we've had, it's possible that a money market at 0+% is better than a 10% correction. Not to say that it's *going* to happen, but it could. so goes the uncertainty of the market. Dell would of course be huge, just like it could have been any of the last 5 years wink

mmoy:
Why don't you buy some puts then?

me:
embarrasingly, my position in AMD (and all securities) is tiny. I've never used puts, and I'm guessing that the costs associated with it would be not worth the transaction costs :-\ I'm truly a small small investor and follow AMD out of a technological interest more than a financial one. But there's a first time for many things, and perhaps this is the time to branch out into unfamiliar territory for me so that it won't be so unfamiliar in the future when i'm working with bigger money.

Buggi - thanks! great to see you again :D
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