1 call? I hope (in my own interest) you were not buying too soon.
My biggest problem in this situation is that I cannot understand what's really moving the mood of US-investors.
I heard that a lot of money was taken out of funds, that 20% of todays selling came from 1 (one) single fund - I'm not able to get the logical way from miss Lewinsky (or so...) to that fear.
So I'm not able to act - neither bullish or bearish.
What if Clinton has lied? What if the old discussion whether oral-sex is sex or not comes back on the table? What if Clinton musted go?
I understand bad earnings, not so good - but good enough for not losing money - that Asia-fears, but everytime when religion, sex, patriotism or so comes in, it's nearly impossible for me as European to achieve a feeling for that what an average US-investor could think.
Hence I stay and wait. I'm 75% invested - it's decreasing day by day (g), today's loss over 3% (correctly weighted probably twice as much, my portfolio calculates "lasts", and in a situation like today most options were not traded during the last two hours).
For me it's looking like a blowjob-correction, and if I'm right, this will continue till the end of the street - but I'm too anxious to sell...
Maybe I should buy another index-call like you...
Hm. And quite calm around SAP (I expected this)(see "www.sap.com", John, and take MS IE 4.x - you can see all without any extra download). The missing reality in a movie like "Armageddon" is that nobody in USA would realize such a comet (until it was too late) because the comet is nothing American. In a competition of cultures the fight-trained "Sparta"-people use to head first, but finally the "Athen"-people survive trough the advantage of better trained brains.
I shorted ORCL a few days ago, along SBUX and PG the only black position today. (g)
All but not boring - what do we want more?
Happy trading!
Jury |