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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (82021)10/15/2008 11:15:02 AM
From: Follies  Read Replies (1) | Respond to of 94695
 
Those laid off will all get jobs with ACORN registering people to vote.



To: GROUND ZERO™ who wrote (82021)10/15/2008 11:20:33 AM
From: Qualified Opinion  Read Replies (1) | Respond to of 94695
 
I guess nobody wants the job considering the choices presented to us.



To: GROUND ZERO™ who wrote (82021)10/15/2008 12:28:13 PM
From: Real Man1 Recommendation  Read Replies (3) | Respond to of 94695
 
Whoever wins will inherit the mess. The government is idiotic.
Instead of taking the trash off banks balance sheets they
are buying bank stocks. What good will that do to restoring
the banking system? While I am not fond of either,
since it is endangering the dollar, the solution of the banking
crisis was here with the 700 billion package (essentially
monetize the chit), and now it is not. Would YOU invest in
insolvent banks? What happens next is banks go down the
crapper along with 700 billion.

That said, if QQQQ gets back to 29 today, the risk/reward
will be good for anti-meltdown play into expiration.
Of course, these are probabilities. Dirty Harry stuff -g-



To: GROUND ZERO™ who wrote (82021)10/15/2008 12:38:07 PM
From: Real Man  Read Replies (2) | Respond to of 94695
 
I doubt we drop a lot from here because of how expiring
put/call open interest is placed, but if we do, then it could
be a short term buying oppt. again, pending put meltdown
into expiration. For now I don't like risk/reward for either
rally or drop plays. The boyz just need to keep things
flat through Friday. Actually, they DO need to get the Q-s
above 33, but that's not enough powder to play the calls
because of declining IV



To: GROUND ZERO™ who wrote (82021)10/15/2008 10:19:41 PM
From: Investor2  Read Replies (1) | Respond to of 94695
 
Wouldn't you suspect that the results of the election are being fully discounted by the current market action?

Best wishes,

I2