Ah, gotta love being right. 5.25% cash, GLD, ConocoPhillips (COP) and shorting SOLD and Home Depot (HD) among other retailers with put options for December.
Where's "The Banker" when we could really mock him?
Here's what one idiot said when I shorted via put options housevalues.com (SOLD):
Keith....another example of your too late investing philosophy.Zillow came out the end of January....at that time SOLD was at 17. Over the next two months, SOLD goes from 17 to below 8. Today the stock is at 8......now you are getting in???If you knew Zillow was going to kill SOLD, then you should have acted when Zillow launched.
And I'm really liking put options - anyone else playing that game?
July 29, 2006
I shorted SOLD (housevalues.com) on 6/19, it's down 41% since then. Amazon.com down 20% last week! And put options way over 100% gains
Posted by blogger at 7/29/2006