Be greedy when everyone else is fearful!

All major indices are sitting around 3% above their major support levels, but weekly charts suggesting more trending down in next 2-4 weeks, and another crash of 10% is totally possible. Nonetheless, when the panic is thickening, and everyone else is fearful, it is time to get greedy. Considering the high IV and only 2 weeks left for OCT OE, I will continue focusing on shorting the puts of many near-death stocks (mainly in the broad commodity sectors). That strategy brought me some decent profits last week, and should offer more rewards. Too busy to write more, just let you know that my focus list includes the names like: AKS, FCX, X, ENER, WLT, JASO, APA, AAPL, BIDU, SQNM, DYRS, MA....

Control your risk and good luck!