yeah i remember thinking about buying the 5100 xjo barrier puts...

yeah i remember thinking about buying the 5100 xjo barrier puts for 35c a couple of days ago - now worth zip. the day i looked more than 800,000 traded and that was just one series.

JC i agree with you. Not much more upside. ONly problem is that the banks look like they have a little more juice in the tank. The resources look like they are trying for a new high. Oil has brocken on the upside of $64 which should see further upside. Increased pressure on the Us$ will also see gold stocks move up. For the ozzie XJO this could mean at least 100 points.

Personally i am looking to pick up some (maybe a lot) of 5200 barrier put at about 30c. Good luck
kman