8 Comments

    • ON: Thu Aug 7th 23:53 PM
      Commented on:
      SanDisk: Buying on the Bad News?
      Good report. I sold out my October call spreads for a nice profit today. I opened the trade the day of the big nose dive after earnings. I'm not hanging around, it will probably retest its recent low again. People will still need memory.
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    • ON: Sun Aug 3rd 22:16 PM
      Commented on:
      Silver Wheaton: Still Waiting for the Growth
      Something is up, there is 25,000 open interest at the 15 Sept call. There was a large trade last week.
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    • ON: Sun Jul 13th 09:19 AM
      Commented on:
      The Week Ahead: Demystifying the Hindenburg Omen
      Markos - good article. I think the market is more like the Heisenberg Uncertainty principle in quantum mechanics, when you try to measure the location, you can't measure the velocity and vice versa. The rapid rotation between sectors if unusual as investors try to feed the pig. Last couple of weeks it was BioTech & Healthcare. There are several sectors in play but energy stays at the top of the list. Not sure which direction it goes (Oil - Tech - Steel - Ag - Healthcare), only one missing is Finance and without that stabilizing, we'll say in bear territory.
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    • ON: Sun Jul 13th 09:10 AM
      Commented on:
      Can the Dow and S&P Last 15 Rounds?
      Wouldn't the stairway ping pong ball move sideways with lots of violent bear rallies along the way? I would say that's when you get in the SDS or press up short positions. We bears want to test the next set of lows.
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    • ON: Thu Jun 12th 21:38 PM
      Commented on:
      Apple on Steve Jobs Health Rumors: No Comment
      There are few companies so dependent upon their CEO as Apple. Steve - you got to walk it off!
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    • ON: Wed May 7th 22:06 PM
      Commented on:
      Rising Prices, Rising Crises
      The world has figured out Americans can afford $5/gal gasoline. We need more refineries, reduced strategic reserves and more places to drill in our hemisphere.
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    • ON: Wed May 7th 22:01 PM
      Commented on:
      Why Google Invested in Clearwire
      Google has too much money, they were better off with another moon shot. The FCC bidding was just a move to open up the spectrum, they don't need Sprint or Clearwire to grow. They will have to get better Android development tools to market fast to compete with Apple iPhone.
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    • ON: Sun Apr 20th 14:18 PM
      Commented on:
      A Crocs Play for Chickens
      Hi Paul - I normally don't like to hold a trade that long. You would have an option requirement to hold on to the naked put over the time frame. Why not just buy the 100 shares and sell the front-month $12 covered calls each month (for around .50) for 9 months or until called away?
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