Monday, May 19, 2008

I can sense the crash coming

Something is up. I can feel it.
The mood has shifted and it's palpable. Folks are starting to go bearish. Most are doing it to lock in profit after the heavy run-up. Others see the fundamentals and are asking questions.

These things tend to have a life of their own.

Meanwhile, it's time to do those ETFC calls.

2 Comments:

Anonymous Anonymous said...

LOL

Market manipulators today realized about the inflation and oil prices.

For Market manipulators time has come to spread the fear via media to make money on the downside.

Talk about thier timing. Right after the options expiration we started seeing negative news.

1:14 PM  
Anonymous Anonymous said...

Did you write the ETFC calls?

I'm tracking the livewire portfolio for trade ideas. I know it hasn't done very well the past few weeks, but I'm much more interested in your picks than your overall bull/bear attitude.

BTW, if you wish to "be greedy" and wait for a lower price to buy stock, you can always write puts at that price. If the price doesn't drop, you turn a small profit, if the price does drop, you still buy the stock at the price you were waiting for and still pocket the premium.

5:19 AM  

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