beware oil bears
somewhere I read that SLV will trade options starting July 31 hopefully this is correct since I cant find the article anymore
if a piker wants to short oil then the piker needs to short gold please post your margin call....
before anyone gets too bearish on oil...
gee what a status symbol to buy a Ferrari on Ebay "yea, I picked up this red horse and out bid the other sucker by $20 with 2 seconds left"...
.............
qSEC.PK
i have a few fre jul 15 calls for .25 just as a flyer. i just couldn't sleep with the FNM 15s over the weekend.. i'll likley regret selling them.
I give up.
rose
well up a percent or two, until tomorrow
Asian markets aren't exactly celebrating all this..
I suppose... if they cant sell paper. the government will have to buy it once the gov. buys one piece of new paper, they have to buy future...
the bail out may be what finally pops the most overvalued piece of paper on the planet = the 10 year trez. a bottomless pit of potential supply...
if the SEC cracks down on rumors, CNBC would be off the air
f iran.. they dont sell any oil to the west anyway
no money has changed hands.. all I think that has happened is that FRE and FNM wont have an auction that blows up on them.. then it's too late..
the GSE bailout is a 180 for the White House since all we heard is no bailout here..no bailout there there must have been some hideous...
the test is to see how the FRE auction goes tomorrow. sure, somebody will buy the stuff but at what price?
not sure Paulson solved anything...only delayed it.. gold should be down 15 but it ain't
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