|
PureBytes Links
Trading Reference Links
|
I've never been able to do that. Like buying gold out of fear. Not
my deal.
Jimmy
Tuesday, October 5, 2004, 1:06:09 AM, you wrote:
FF> Oops, sorry. Mouse-click dyslexia I suppose. Anyway, investing in
FF> certain commodities for catastrophic events is like investing in a stock
FF> before the unexpected good news about the company is released. You just
FF> sit and wait.
>> Jimmy wrote:
>>
>> Now that is a leap. So ok buy a basket of commodities and what you
>> didn't say is what some other guys have been saying is sweep your
>> futures account every month. Cool I'm ready. When is it going to
>> happen? That is always the question isn't it?
>>
>> Basically all wars are based on scarce resources aren't they? Well
>> maybe not some like Vietnam. That was just a war for fun or exercise
>> I guess. Maybe a test of equipment or something. I'm not up to date
>> on it all. Scary stuff. Good thing we have the best toys.
>>
>> Everybody get ready.
>>
>> Jimmy
>>
>> Monday, October 4, 2004, 9:04:06 PM, you wrote:
>>
>> FF> Today's global cultural/foreign policy morality debate will be
>> tomorrows
>> FF> war over scarce resources. Just buy a basket of commodities and
>> wait it
>> FF> all out.
>> FF> I wouldn't keep your blood money parked in cash, because, like
>> after the
>> FF> 1929 crash when people went to the banks, today you log on and notice
>> FF> your broker unable to find your cash account.
>>
>> FF> Cleveland wrote:
>>
>>
>>
>> Barry Kaufman wrote:
>>
>>> I am asking for advice on how to insure against a market crash.
>>>
>>> I trade intermediate term to long term end-of-day (10 to 40 trades per
>>> year). And trade only market indexes, namely index funds and ETF's for
>>> SP500 and Russel 2000. I can also proxy a short of SPY or RUT by buying
>>> RYDEX or PRO Funds that go against the market. Most of my money is in
>>> Keoghs and IRA's and subject to no shorting regulations.
>>>
>>> My trading systems work fine for me but what scares me is a potential
>>> big, violent crash due to unexpected catastrophic news, namely
>>> terrorism. I am thinking about the market close after 9/11, the abrupt
>>> down draft in 1987, and didn't the market close for three months when
>>> world war 1 started?
>>>
>>> So, what kind of insurance is there? Leap put options on indexes might
>>> be the answer but I don't know anything about them. I am asking to be
>>> lead in the right direction to do research.
>>>
>>> By the way, if the exchanges did close for an extended period, then
>>> would option expiration date be extended?
>>>
>>> Thanks, Barry.
>>>
>>>
>>>
>>>
>>
>>
--
Best regards,
Jimmy mailto:jhsnowden@xxxxxxxxxxxxx
|