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To: anializer who wrote (72780)2/19/2009 4:16:24 PM
From: Dale BakerRespond to of 118717
 
Yeah, it looks like SRS is picking up again after slumbering sideways for a long time. I'd rather not have any long or short if I can play with the options way OTM.

Offical numbers for today:

MARKET ALERT
from The Wall Street Journal.

Feb. 19, 2009

The Dow Jones Industrial Average tumbled 1.2% to a new five-and-a-half year low, breaking through the previous bear-market closing low of 7552.29 hit on November 20, 2008. The blue-chip stock benchmark was pulled downward by a wave of selling in the banking sector, as components Bank of America and Citigroup each fell 14%.

For more information, see: online.wsj.com



To: anializer who wrote (72780)2/20/2009 10:00:39 AM
From: Dale BakerRead Replies (2) | Respond to of 118717
 
SRS March 175 calls have a 1.20 bid now, a strike more than 100% above the current price. I don't plan to do anything until this afternoon at the earliest but it's interesting to watch.


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