there you are, Risky.

Hey, do you have any good short positions?  I'm short on RIMM and
CROX, cuz I think the other shoe is about to drop.  What are your
thoughts.  We miss you on T's board.

I totally agree with risky... the german bank IKB came out the other
day and said they have losses of $800 million in their books...if that
is the case for a German Bank, imagine the kind of exposure the US
firms are going to have especially Lehman and Bear who have had
tremendous growth in their ABS divisions for the past 3 yrs... next
monday will be a make or break for the stock market...

Why next Monday?  Could you elaborate?

that is when the first, baddest and the meanest report, Bear and
Lehman. This is when we will come to know on how much exposure is
there in their stocks. I am bearish due to the reason specified above.
BSC has a huge support at 100 and LEH at 52.5. The stocks are trading
close to these points now. These will be broken that day and we see a
free fall.

  My strategy is to see BSC fall to 91 and LEH to fall to 47 and then
settle my puts. I think this is when the Fed will come out and cut
rates and we see a small rally.Then short again.

Ahilmas- Terrible Prediction on Sep 5th

Leh will rebound to 80+ by end of year, mark my works

It's unfortunate that you didnt load up on call uptions when you made
the below criticism at $52.5

I got in Jan 08, 80$ stike calls for 20cents each, currently up about
4-1, and I expect them to reach 20-1 by year end.

Buying a call spread would be a much better way to capture upside
while funding a portion of your lower stirke calls. If you wanted to
be 100% bullish. Not such a good idea at this time...A butterfly would
probably be your best play with vol at the current levels.

I'm also pretty sure it's "mark my words"...