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| I see little to stop the market going higher unless rising food costs create a consumer backlash and the government steps in and does something stupid. Would it make sense to any of you to buy some $4.70 or $4.80 puts for May, and if the market keeps going up maybe roll them up into July? This wouldn't cost very much and would at least give protection if something happens that no one is thinking about at this time. I am giving it serious thought, but would like some other opinions.
Edited by Mr. Snerdly1 2/19/2008 10:24
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Old crop puts
