Thursday, August 27, 2009

the market i told you so

With the market down 70 today on good news we will see more trading opportunities like this
this is a summer sell off on no volume with no reasons save that it has gone up well prior it went down I am not saying do not sell pops in fact every single up day I have urged that as the time to set up for now intraday swing plays
we are getting better when takeover plays and AIG rips up 12 bucks
we will suffer corrections but we are no longer in a bear market a great deal of money missed this and will not get another chance to buy when they finally get in it will be time for a correction
wsm i got u in at 17 i am hearing some anxious mebers jumped the gun and bought 17.3-.40
but that is still a winer here target sell 19 don't be greedy take the two points that is a sweet trade on a 17 dollar stock in a couple days
Rimm at 77 we adjusted selling out half buying 5 puts aganst the remaining 500 shares we are giving back on paper some but the trade was a monster we can buy again near 70 because of the discipline