Just holding out for the rebound. Nothing I can do but wait. This sellof was about 600 points more than I expected and took my tech stocks with it. And we're not in a correction yet. A bear market is a long way off.
Are all those people that bought puts in October to protect their profits still idiots? You still mocking them?
no they got it right But all the guys who bought puts in august, sep, early october lost lots of money. When a stock sells off after a big run eventually someone has to be right. Options are being traded all day.
That chart still shows a solid 8% rally starting from Nov to Jan 1st even though the market was down a lot. Dec isn't going away. That will be 20 or so trading days that shorts will have to contend with. And we still have th rest of november.
The egggberts, dogberts, and eggists will fail. I'm not scared. I'm looking further ahead than today or next week. 2008 will be a great year and the rally will continue.
what happened to the guy who always used to say "100% up room to go!!...NO RISK!!$$$$$" Not seen him in a while. Equitrader or something?
most of the banks, financial, and retails stock are trading higher today.... any selloff today is def a buying opp on monday...