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Re: [RT] Uncovered Puts



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Earl,
 
Bottom line? The next (interim) bear market 
bottom is probably 3-6 monthsaway, although it is possible we could get a 
major bottom if the policymakers leave the market alone. The real bottom of 
the bear is somecombination of 500+- SP points and 7 years away. The next 
major bull marketis probably 15+- years away. This remains an extremely 
dangerous equitymarket suitable only for nimble 
traders.
I find that I agree with your bottom line analysis.  
Q: What precautions do you believe required for the nimble trader to keep all 
fingers and toes in trading over the next 12 months?  Q2: What are 
reasonable expectations for gains on short-term trading over this period?  
Please define short-term any way you like.
 
bob






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