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  • Financials Surge Again: 10 Ways to Profit and Protect [View article]
    I hope you took your put profits before the rise, because this is a fresh upleg targeting 1050 in the S&P, this is not an advisable strategy IMO. I do expect the S&P to retest the gap up and retest the 900 area though, in which case you would be better off buying back your puts and getting some long calls.
    Jul 16 09:09 am |Rating: +1 0 |Link to Comment
  • Monday's Closing Update [View article]
    There are still far too many bearish people to stop the market RISE ATM i should have said, damn im going blind!
    Jun 09 09:21 am |Rating: 0 0 |Link to Comment
  • Monday's Closing Update [View article]
    There are still far too many bearish people to stop the market falling ATM, for example there is a guy on this site who is shorting 3 x levered long ETF's! Whilst this idiotic behaviour continues it's up up and UP.


    On Jun 08 11:50 PM TraderRob wrote:

    > -yup..this bull cant be stopped. keep buying the dips. I,m a bear
    > but DONT short this market yet.
    >
    > What are you waiting for if you claim that you're waiting to get
    > short this market? There are no real catalysts on the horizon that
    > are going to break the back of this one. It's going to be the tenuous
    > move of those on the margin into long positions that signals the
    > top. Watch the 10yr and 30 yr as well as the 2yr Treasuries as they
    > will manipulate mortgage rates and Fed Funds respectively. Things
    > are working in reverse since the Fed is in grid lock... the bond
    > market has the wheel and Bernanke's in the back seat. Watch for a
    > Fed Funds rate hike some time during the rest of the year if this
    > Yield curve continues to steepen.
    Jun 09 02:12 am |Rating: 0 -1 |Link to Comment
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