I just wanted to make a quick observation. I read recently that the Dow (DJIA, hence the ETF DIA) has not moved up or down more than 100 points a day in about three weeks. I think it's continuing. Look at today. The Dow started down almost 100 points, dropped slightly below that for seconds, and then struggled back all day, closing down 6 points.
If this is the "market at hand," then you can make money. Here's the point. If the DJ futures show down 100 points, and you grab the puts, say the $125s (On the DIA) or the $125 calls if it's showing up that much, then it might be good for a .50 cent profit, or $500.
Even smaller amounts of money will work for a few hundred dollars. I heard Kina got out of her $125 with a $200 profit. Not much, but it's better than a _____________________ (you get creative here).
More Later. Wade
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From the MONEY & POLITICS FILE:
I recently read a great quote from Thomas Jefferson: "I have sworn upon the alter of God, eternal hostility against every form of tyranny over the mind of man."
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