Thanks 367118. Sorry about the IWMs, lost .05 and S&P stopped them out - still good for a re-entry if we cross back over but this is very disappointing action. Volume is very low so possibly setting up for what we call a "stick save" - a sudden surge into the close that really annoys the bears.
Now that we are low again, I'll mention the SPY $107 calls at $1.55 as a nice upside play.
Well a little late now as I stopped for the nonsense but the IWM Sept $63 calls are still .82 and can make for a nice day trade to .99+ and there's an easy stop out at S&P 1,055, which we think should hold.
Oh I totally stopped reading. Why, were you saying something? 8-)
I am very sorry to lose you as a reader Robo, your revenues will sorely be missed... Actually having to listen to my politics is the price you pay for the reading if you want to look at it that way.
There is some general misconception that I somehow have to write this but not that but that's really not true. I write what I think is worth talking about and some people like reading it and some don't. I actually came over here this afternoon to say that we were buying after Obama's statement and I had two plays that I wanted to share as people have said I don't share enough but I suppose I should skip it as they may come across as "political" since they are based on what the President said in the context of the political environment and the election cycle so please forgive me for trying.
LOL "Hungry for Knowledge" - there is no "what if." It's not an opinion how many people are there, it's a scientific fact. You take a picture of the crowd, you do an accurate count of several sections to get an average density and then you calculate the area filled with people. You can be off by 10-20% but not by 300%.
Come on folks, this is the exact sort of thing I've been talking about - not everything in the World is a matter of opinion...
Monday, Merger Mania Continues [View article]
Now that we are low again, I'll mention the SPY $107 calls at $1.55 as a nice upside play.
Monday, Merger Mania Continues [View article]
Monday, Merger Mania Continues [View article]
I am very sorry to lose you as a reader Robo, your revenues will sorely be missed... Actually having to listen to my politics is the price you pay for the reading if you want to look at it that way.
There is some general misconception that I somehow have to write this but not that but that's really not true. I write what I think is worth talking about and some people like reading it and some don't. I actually came over here this afternoon to say that we were buying after Obama's statement and I had two plays that I wanted to share as people have said I don't share enough but I suppose I should skip it as they may come across as "political" since they are based on what the President said in the context of the political environment and the election cycle so please forgive me for trying.
Monday, Merger Mania Continues [View article]
Come on folks, this is the exact sort of thing I've been talking about - not everything in the World is a matter of opinion...
Big Pharma: M&A Targets and a Pfizer Problem [View article]