We're the only BSC apologists/cheerleaders left! I bought the wings against my synth straddle before going long spot.
yeah - a lot of things can go wrong. thank you very much for reminding me about that - I almost forgot.
Bloomberg 00:23 *BEAR STEARNS ASSIGNS MORTGAGE CHIEF MARANO TO ASSET MANAGEMENT *BEAR STEARNS TAPS MARANO TO HELP FIX HEDGE FUNDS, PERSON SAYS wow - Marano to BSAM. He will shoot them all. That's probably scarier news for guys in there than that they lost quite a bit of money
Around 1972, I was serving on a nuclear strike base in Europe. We got a new security chief, and as always, the scuttlebutt preceded. "Hey, I hear this guy is Strac (polished, tough)! He headed up President Kennedy's security." "Yeah? How'd that work out.???" This reminds me of that event. If he was that good, why was he ridin' the pine?
Iam also looking for a short term pop in BSC since the sentiment is so negative. Could you please illustrate your synthetic straddle strategy? But the money flow is negative so far. attaching a P&F chart
Take a look at this. Might be helpful : http://www.esignalcentral.com/exchange/v19_10/trading_education.asp