A rare mid weekend post:
I just read two (very) inresting analyzes;
1. the quarterly letter of Jeremy Grantham. Jeremy quarterlies are always a good read his insight for 2009 is I think very to the point. You can find this free letter after registering at www.gmo.com. GMO is money management firm - I try to read whatever they publish for free.
2. The last missive by John Mauldin can not be missed by any index investor - directional or us non directional investors/traders. Sometimes we just take for granted that we trade the DIA/ DJI without truly understanding the true implications of the method which is used to build the index. John's article is very insightfull.
Enjoy your weekend,
Hi:
Been following your blog and Sheridan's videos and have enjoyed both thoroughly; I have been looking at short puts more and more, esp with your recent play and higher lows on the market indices.
GE write puts: http://tinyurl.com/crf8tt
Somehow I think owning GE might be better, but I like to err on the side of caution. I would be quite happy to own GE at $9.5
Sheridan's advice on short puts; a VERY good reminder http://is.gd/haOl
(Does html references your in this comment field ?)
Posted by: Joe5555 | January 25, 2009 at 12:14 PM