Posted by: thapap July 24, 2008
Login in to Rate this Post:
0 
? 
?
could not hold myself here. so i am writing. so please pardon me for my blabber.
latoboy,
i believe there is not going to be any up-tick tomorrow. i would not get into LONG positions in any of the equities. CASH is the king.
i see that you have some calls[3 listed up SPY@130 ; SPY@126 and QQQQ@47].... i am pretty confident to predict that all of them would expire worthless. the one SPY @126 also is going to go underwater within next 3 weeks.
i am not an investor neither a trader (O: but generally speaking in this market you cannot take a single position either way [ long or short ]. if you have to invest then better start playing with straddle.
my prediction next two weeks going to be downhill and we will see an upside on the week of Aug 10th and i am sure you know why (O:
latoboy,
i believe there is not going to be any up-tick tomorrow. i would not get into LONG positions in any of the equities. CASH is the king.
i see that you have some calls[3 listed up SPY@130 ; SPY@126 and QQQQ@47].... i am pretty confident to predict that all of them would expire worthless. the one SPY @126 also is going to go underwater within next 3 weeks.
i am not an investor neither a trader (O: but generally speaking in this market you cannot take a single position either way [ long or short ]. if you have to invest then better start playing with straddle.
my prediction next two weeks going to be downhill and we will see an upside on the week of Aug 10th and i am sure you know why (O: