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(The Year 2012 In Review)
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|User Info||If a big recession is coming (starting), what's your ad; entered at 2007-12-01 17:48:59|
Cash advance every credit card you have and buy leap puts with it on anything that looks overvalued.
I'm sure many have thought of this before. What about making it a safer bet and choose, say, 5-10 underlyings, and position in long term strangles? If there is a calamity, the call side will fail. If there is a magical solution, the put side will fail.
Of course, then there is the sideways action, but who believes we will be sideways for the next six months?