Thursday, March 05, 2009

The bulls: down and out?

Certainly a bloody week for the bulls this week thus far.

As planned , I have pretty much just day traded GS, POT and AAPL since this Monday and some how am having one of the best week in my entire freaking trading life.

The market so far has been acting pretty much like what I wrote in last weekend's post, and we will see if it keeps that way tomorrow. Bought in some April calls in GS (when it was around 80.6) and AAPL (when it was around 88.5) late in today's session because I feel that with such a precipitous drop, the market has priced in a very very bad Feb job report tomorrow, and I might lay down a few small chips just for fun. On the other hand, should the market have a bloody Friday, I will start to move my retirement account back into SPY500 index fund, 15-25% a time, starting at SP500 around 660 all the way down to 500, hehe.

Oh, I have been keeping eyes on SKF, may start to build puts between 250-300 range.

best to all,

1 comment:

Anonymous said...

I used to be suggested this blog by way of my
cousin. I am no longer sure whether or not this
post is written by means of him as nobody else realize
such targeted about my difficulty. You're amazing! Thank you!

Here is my webpage: kids birthday party ideas
My site - 13th birthday party ideas