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Strategies & Market Trends : Waiting for the big Kahuna

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To: y2kate who wrote (87594)5/29/2009 6:39:40 AM
From: Real Man  Read Replies (1) of 94695
 
The thing I actually did this March when I got boolish on
stocks... Instead of going for the calls, I went picking
up individual shorted trash stocks. Many of those ran
like call options, but no time premium. I really hate OOM
calls when volatility is high.

However, I really don't like the trash any more at this point of
the rally. The garbage picking time has passed. The bears
are already dead. I am actually looking at the dark side
of that trade, but not biting yet. It's still trash, the Co-s
are still technically insolvent, but some of them
became multi-baggers
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