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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (98998)1/4/2008 3:20:11 PM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
I lost gobs on MA being in puts at the wrong time.
Just added some COF puts though



To: patron_anejo_por_favor who wrote (98998)1/4/2008 3:32:00 PM
From: PerspectiveRespond to of 306849
 
Yes, I'm starting to think it's time to begin focusing on the mo-mos. The gamblers in those stocks have got to be coming under a ton of pressure after today, especially the ones on margin. I hope RealMan is as merciless with them as they were with me when I shorted a little too early in 2000. It's a fools game they play, praying stop loss sales will get them out ahead of all the others who don't bother with fundamental analysis.

I don't know what Monday will hold, but if stuff like FSLR and GOOG remain "broken" for a couple of days, I'll probably start whacking every bounce. Not planning to ditch my short financials and transports mind you, but new money may flow to tech and momos.

`BC