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Covering Naked Calls

Well, I sold some naked December calls last month and now the piper has come to get paid.

I will most likely cover them soon as they are approaching my December Strike Prices....what a rally!!!

I'm still severely bearish, but when will the bear wake up?  I think this bull may be here into January....don't get me wrong, I like bulls, I just don't see where this one is coming from.  Commercial real estate ready to burst and people still without jobs....?

I've stopped shorting the market and I'm going to start trading the trend.  Short term trades to get into the individual stocks quickly and out quickly.  Quick meaning same day trades....not typically letting the trade ride overnight.

Remember, don't fight the trend, the trend is your friend.