Monday, 17 March 2008 01:00

Notes from the morning

Morgan Stanly puts are significantly under priced. I didn't need any more but picked some up anyway.

Now matter if you like him, love him or hate him, you have to admit that Bernanke is firing on all 8 cylinders. The man is executing, give him some credit. If this would have been the EU, we would be facing a total market melt down right now. I think we are in some rough times anyway, but Bernanke is doing his job without necessarily just opening the money spigots.

I am still wary of LEH, but will sit back patiently and observe, hoping my lowball bids get picked up.

Last modified on Monday, 17 March 2008 01:00

1 comment

  • Comment Link Jon Pearlstone Monday, 17 March 2008 12:25 posted by Jon Pearlstone


    what is your methodology on Put investing? Do you tend to go for high leverage with Out of the money puts or do you like to go in the money for more of a $1 for $1 gain as stocks go down?

    Also what sort of timeframe have you preferred? Do you go month to month or several months out?

    let me know how you like to deal on options---I figure you have studied the best value per option purchased.


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