This was an easy dip buy week, mainly due to greed and an agenda by the powers that be. They WANTED by any means neccessary to have the DOW barely underneath 11,000 on a close today. I tweeted this late in the afternoon on friday before the last 10 minutes of fireworks when the market…
TJ's Take » A Global and Urban Flaneur
Tag Archives: AIGMy research showed me that there was another 15% short float on AIG that needed to be covered in the next 2.2 days as of Monday, today it dropped to the .5 days. Hence, the last 15 minutes was pleasing as I bought more $40 SEPT call options in the $1.20 range and now they…  I AM NEITHER A BULL NOR A BEAR… LET ME FIRST STATE THAT I am expecting the market to continue in an upward path over the duration of this week. With congress still in Recess and the BEARS realizing that the momentum to S&P 1100 could be insurmountably until September (after labor day or Sept…. Not fighting the tape, loaded on with CALLS…at end of day will buy some PUTS on the SPY incase Monday is super red, will shift some in the money calls today to September based on if the S&P test 1015 and if it closes near or over it. If it closes over it then it… |
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