Agree with you. I hope some bagholders will not soon start wrting: hey dearinfinity is riskfreetrading.
Haha yeah for real. Regardless, I picked up a FAZ Jun 09 (9) call the other day when FAZ was below 8. Figure we've got 50 days to see a reversal, and if we do it will be telling, but if we don't, I'll consider going long the market.
buffett has been EDIT EDIT EDIT for some time--- metaphorically speaking ofcourse! the oracle couldn't be me wrong with this one, he and the followers are going to take a bath on this one, mark my words..... surf
Fly had the right idea in 2007 and 2008 to get short and stay there on banks, but golly gee whiz now that the government has stepped in it makes me nervous to short any but the worst of the not to big to fail banks. I'm still long UCBH and sold a few 2.5 puts the other day to add to my position under two bucks per share. (I know i'm crazy to think they have one of the best risk to reward ratios of any bank, so don't waste my time pointing that out.) If they continue on down to zero i'll buy an infinite number of shares and own it all.:eek:
She keeps moving higher surf......are you shorting all the way up to 25....or did you buy your whole posistion at 19.6.........This looks like it is heading to 25. aLSO WHY 25.07.......What is your reasoning. SHORT3R