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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: blind-geezer who wrote (12252)10/31/2007 4:40:43 PM
From: Real Man  Read Replies (1) | Respond to of 19256
 
I would not own shares in any of those, but since we are in a
mania, perpetuated and supported by the Fed, the Treasury,
the President, the working group via SP e-mini futures, etc.,
heavily shorted stocks will rise most
regardless of fundamentals. Calls are OK -g- I'm sure some
day they will blow up, just trying to mark that day on the
Calendar. Can you help me? -g- I'm sick of worthless puts. -g-
So, when they blow up my call premium goes to zero. That happened
a lot to my puts -g-
I actually took some profits today, cause we are around
1550, which is a boundary resistance. Post Fed euphorea could
prove to be a turning point, and 1555 is a technically
important resistance level -g- Exceed that, and more mania
to come, IMHO.